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Biden imposes ‘melt and pour’ requirement for Mexican steel, aluminium imports
The US government will impose tariffs on steel and aluminium shipped from Mexico that were made elsewhere, in a bid to curb trans-shipment and excess production, the White House said in a statement on Wednesday July 10, a move widely applauded by the pair of metals industries
July 11, 2024
·
By Yasemin Esmen, Alesha Alkaff
Insights
Hydro, Porsche sign agreement for green aluminium in auto industry’s latest effort to decarbonize
Norway-based aluminium producer Hydro and German car manufacturer Porsche signed a long-term agreement on Tuesday July 9 for supply of low-carbon aluminium to further decarbonize the supply chain of Porsche’s sports cars. The agreement follows the letter of intent signed in April
July 11, 2024
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By Yasemin Esmen
Insights
Rio Tinto to install zero-carbon smelting technology ELYSIS at demonstration plant in Quebec
Rio Tinto will install carbon-free aluminium smelting cells at its Arvida smelter in Quebec, Canada, using the first technology license issued by ELYSIS, the company announced on Friday June 28
July 3, 2024
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By Yasemin Esmen
Insights
Aluminium use in China’s NEVs to surge by 2030, but challenges exist
The aluminium market in China was expected to come under massive demand from the new energy vehicle (NEV) sector in the years ahead, but the aluminium industry still faced various challenges in the application of the metal in NEVs, Fastmarkets has learned.
June 25, 2024
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By Ruby Liu
Insights
Hydro working on three major decarbonization projects under new CEO
Norway-based aluminium producer Hydro has several plans for decreasing its carbon footprint, new chief executive officer Eivind Kallevik told Fastmarkets on Tuesday May 28.
May 30, 2024
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By Yasemin Esmen
Insights
US looks to decarbonize aluminium industry, spurred by policy and demand
A surge in recycling capacity in the US aluminium industry is coming in the next few years while for now it continues to meet most of its primary aluminium needs from Canada.
May 22, 2024
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By Yasemin Esmen
Insights
US low-carbon aluminium units command premium for first time
The low-carbon aluminium differential in the US made its first move on Friday April 5 since Fastmarkets launched it five months ago.
April 19, 2024
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By Yasemin Esmen
Insights
Disruptive technologies, approaches needed to carry decarbonization forward for aluminium industry
Recent developments in the aluminium industry have provided incremental steps toward the industry’s decarbonization, but green energy sources, inert anodes and end-of-life scrap recycling can offer disruptive advances to achieve this goal, according to Peter von Czarnowski, director of casting technology expansion at Golden Aluminum.
April 9, 2024
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By Yasemin Esmen
Insights
Little demand for low-carbon aluminium; global differentials broadly steady
The low-carbon differential for aluminium P1020 in Europe was unchanged in the month to Friday April 5, with market participants reporting decreased interest in low-carbon units.
April 8, 2024
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By Yasemin Esmen, Chay Chye Leng, Laura Roberts
Insights
Century Aluminum to build green aluminium smelter in the US with DOE grant
Century Aluminum is among those selected to start award negotiations for up to $500 million in Bipartisan Infrastructure Law and Inflation Reduction Act funding to build a new aluminium smelter, the company said on Monday March 25
March 26, 2024
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By Yasemin Esmen
Insights
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