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US industry unsure of Brazil slab exemption for ‘melt and pour’ requirement for Mexican steel imports
Steel industry participants in the United States are unclear whether Brazilian slab imports will be exempt from the 25% tariffs under Section 232 that will be levied on Mexican imports for steel that is not melted and poured in Mexico, the US or Canada, sources told Fastmarkets on Wednesday July 17
July 18, 2024
·
By Rijuta Dey
Insights
UK RTFC trade posts first 2025 indications as 2023 activity largely done
Early trade indications for renewable transport fuel certificates for the 2025 compliance year have surfaced for the first time, with initial bids suggesting values might be around parity or slightly discounted compared with current certificates
July 17, 2024
·
By Misha Simonovska
Insights
QuantumScape, PowerCo form agreement to industrialize solid-state batteries
Germany-based Volkswagen Group’s battery company PowerCo and California-based QuantumScape have entered into an agreement to industrialize QuantumScape’s solid-state lithium-metal battery technology, the companies announced on Thursday July 11
July 15, 2024
·
By Kirstyn Petras
Insights
Light rare earth prices stabilize, heavy rare prices fall on low demand
Chinese export prices for light rare earth products were unchanged for the fourth consecutive week on Thursday July 11, with suppliers firmly rejecting further price cuts, but low demand continued to pull down prices for heavy rare earth products used in magnets
July 12, 2024
·
By the Fastmarkets team, Caroline Messecar
Insights
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
·
By Yasemin Esmen
Insights
Indonesian government looking to ease bauxite export ban
The Indonesian government is looking to ease its export ban on bauxite, sources familiar with the matter have told Fastmarkets
July 8, 2024
·
By Ruby Liu, Laura Roberts, the Fastmarkets team
Insights
Russia’s war in Ukraine boosts copper demand
Russia's war against Ukraine is using millions of copper-containing shells, which has increased demand for the red metal, sources told Fastmarkets
July 8, 2024
·
By James McKeigue
Insights
Argentina’s new investment regime a potential boon to copper projects
A new incentive program for companies with large investments in Argentina might unlock the country’s mining potential in the medium term, market participants recently told Fastmarkets
July 4, 2024
·
By Renato Rostás
Insights
US magnesium production will be competitive without anti-dumping duties in long-run: Magrathea
Domestic US magnesium production will be financially competitive in the future, even without the country’s long-standing anti-dumping tariffs on Chinese imports, according to the chief executive officer of a developing producer based in California
July 4, 2024
·
By Solomon Cefai, Leticia Simionato, Julienne Raboca
Insights
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