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Higher dock costs will boost steel prices and reduce imports, said market sources
Higher costs resulting from a tentative deal to end the strike at East Coast and Gulf Coast ports could reduce imports, increase reshoring and drive up the cost of steel products in the US, according to market observers and participants
October 7, 2024
·
By Robert England
Insights
State of the containerboard industry: Key takeaways from our recent webinar
Get the key takeaways from our recent webinar on the state of the containerboard industry ahead of this year's International Containerboard Conference in Chicago
October 7, 2024
·
By the Fastmarkets team
Insights
Freeport shifts away from marketing copper concentrates as new smelter ramps up, CEO says: LME Week
Freeport-McMoRan is in the process of ramping up its new copper smelter in Gresik, Indonesia, in a move that has seen the company switch away from being a marketer of concentrates as it becomes a fully integrated producer in the country, the company's chief executive officer Kathleen Quirk told Fastmarkets in an interview during the London Metal Exchange (LME) Week 2024.
October 4, 2024
·
By Andrea Hotter
Insights
Secular demand trends may help reduce copper’s cyclicality, Freeport CEO says: LME Week
Long-term demand trends in the copper sector may reduce cyclical price moves driven by short term factors impacting sentiment, Freeport-McMoRan's chief executive officer Kathleen Quirk told Fastmarkets in an interview during the London Metal Exchange (LME) Week 2024.
October 4, 2024
·
By Andrea Hotter
Insights
Critical minerals sector eyes Chinese partnerships to cut costs, boost technology: LME Week
Mining executives are weighing the benefits and challenges of Chinese partnerships while grappling with price slumps and the looming impact of the US Inflation Reduction Act.
October 3, 2024
·
By Callum Perry, Julienne Raboca, the Fastmarkets team
Insights
Codelco’s copper premium contract talks ongoing, chairman says: LME Week
Chilean copper producer Codelco has not yet concluded negotiations for its 2025 premium offer to European customers but remains optimistic that the recent stimulus in China will provide a further boost to demand, the company’s chairman told Fastmarkets.
October 3, 2024
·
By Andrea Hotter
Insights
Maricunga lithium partner search is highly competitive, Codelco says: LME Week
The process to pick a partner for Codelco’s lithium properties in the Maricunga salt flat is highly competitive, with a result due at the start of 2025, the company’s chairman told Fastmarkets.
October 3, 2024
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By Andrea Hotter
Insights
Copper concentrates dislocation likely to mean smelter cuts, Codelco chair says: LME Week
The copper concentrates market was suffering from a dislocation that would probably lead to smelting cuts, the chairman of Chilean state-owned producer Codelco has said.
October 3, 2024
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By Andrea Hotter
Insights
European Commission proposes to postpone EUDR implementation to December 2025
The European Commission has proposed to delay the implementation of the EU Deforestation Regulation (EUDR) to December 30, 2025 for large companies and June 30, 2026 for micro and small enterprises and has invited the European Parliament and the Council to adopt this proposal by the end of the year. Learn more.
October 2, 2024
·
By the Fastmarkets team
Insights
New critical mineral frontiers battle red tape and green costs: LME Week
New mining frontiers were emerging but, ahead of the London Metal Exchange’s LME Week event, industry executives have warned of a supply squeeze, with regulatory hurdles and the costs of being ‘green’ hindering the production of copper and other critical minerals
October 2, 2024
·
By James McKeigue, Julienne Raboca
Insights
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