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US Treasury’s finalized Section 45X a big win for secure supply chains, aluminium manufacturing: sources
On Thursday October 24, the US Department of Treasury and the Internal Revenue Service (IRS) released the final rules regarding the Section 45X credits under the US Internal Revenues Code. The final rules clarify definitions and confirm credit amounts for eligible components, including solar and wind energy, inverters, qualifying battery components and applicable critical minerals. […]
October 28, 2024
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By Yasemin Esmen
Insights
New stimulus measures could boost Chinese lumber demand
In late September, the People’s Bank of China (PBOC) announced a cut in the existing mortgage rate by an average of 50 basis points.
October 25, 2024
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By Peter Malliris
Insights
Uptick in plastic to paper demand with US bag, sack shipments up 19.2%
Packagers moving from plastic to paper, particularly Amazon’s work to eliminate plastic bubble wrap with paper, contributed to the increase in shipments.
October 25, 2024
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By Gregory Rudder
Insights
GM, LAC sign $625-million agreement in push to secure lithium supply in the West
The Vancouver, Canada-based Lithium Americas (LAC) entered into a new $625-million investment agreement with the US automaker General Motors (GM) for establishing a joint venture to fund, develop, construct and operate LAC’s Thacker Pass lithium mine, the company announced on Wednesday October 16.
October 23, 2024
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By Yasemin Esmen
Insights
Three trends in the global sustainable packaging market
In our Sustainable Packaging Report we take a deep dive into the market dynamics and demand and supply trends and assess the outlook for the sector.
October 21, 2024
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By Alejandro Mata Lopez
Insights
Three trends shaping the global sustainable packaging market
In our Sustainable Packaging Report we take a deep dive into the market dynamics and demand and supply trends and assess the outlook for the sector.
October 21, 2024
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By Alejandro Mata Lopez
Insights
Is the LME to blame for the 251-day aluminium queue at Port Klang?
Market participants disagreed over the cause of the long queues to withdraw aluminium from London Metal Exchange-registered warehouses at Port Klang in Malaysia, Fastmarkets heard on Thursday October 17
October 18, 2024
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By James McKeigue
Insights
UK-Brazil critical minerals seminar sparks call for British mining revival
British experts have called for a renewed focus on domestic resources, similar to Brazil’s efforts in the mining sector, with the South American country moving to strengthen its position in the global critical minerals market
October 17, 2024
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By the Fastmarkets team, Leticia Simionato, Julienne Raboca
Insights
EU Council agrees to delay EUDR implementation by one year, Parliament to vote in November 13-14 plenary session
“This postponement will allow third countries, member states, operators and traders to be fully prepared in their due diligence obligations," the European Council said.
October 16, 2024
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By Andrea Venturini
Insights
China’s non-grain oriented electrical steel market rise amid India’s anti-dumping investigation
China’s non-grain oriented electrical steel prices rose in the two weeks to Friday October 11, on price hikes by Chinese mills and amid India's anti-dumping probe into Chinese imports, sources said.
October 15, 2024
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By Sam Li Xiaoyu
Insights
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