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UK to provide £13.5 mln to support supply chain while Tata Steel transitions to green steelmaking at Port Talbot
The UK is to provide funding of £13.5 million ($17.3 million), to support supply chain businesses and workers affected by Tata Steel’s decarbonization plans for its Port Talbot steelworks in south Wales, the British government said on Thursday August 15
August 15, 2024
·
By Darina Kahramanova
Insights
Canadian housing starts stable in second quarter of 2024
The annual rate of housing starts was slightly down from the previous quarter but up from the same period last year, with urban single-detached starts decreasing and other urban starts slightly increasing.
August 15, 2024
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By Gary Zauner
Insights
China EV sales overtake traditional autos for first time ever; Southeast Asia continues to push EV developments
Sales of new energy vehicles (NEVs) in China overtook more conventional auto sales for the first time ever in July, accounting for more than half of all units sold during the month, according to the latest data from the China Association of Automobile Manufacturers (CAAM)
August 14, 2024
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By Nina Hu
Insights
Graphite sector shows mixed reactions to proposed changes to US Section 301 tariffs
The proposed amendments to the Section 301 tariffs applied by the US on imports of materials from China have prompted a flurry of feedback, including some on the timing and levels of proposed tariffs on graphite imports, Fastmarkets heard on Tuesday August 13
August 14, 2024
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By Solomon Cefai, Julienne Raboca
Insights
US Steel for sale, one year on: A look-back at the $15 bln saga of the acquisition of an American icon
The US news cycle was set alight exactly a year ago on a Sunday afternoon when US Steel, an iconic century-old institution, announced it was for sale
August 13, 2024
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By Rijuta Dey
Insights
Battery raw materials market update August 2024
Read Fastmarkets' monthly battery raw materials market update for August 2024, focusing on raw materials including lithium, cobalt, nickel, graphite and more
August 12, 2024
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By the Fastmarkets team
Insights
When will green steel take off in the US?
Green steel premiums in the US are off to a slow start, compared to the figures mills are collecting in Europe and Asia
August 12, 2024
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By the Fastmarkets team
Insights
The rise of the lithium futures market
This paper, originally published in the Bayes Business School's Commodity Insights Digest, explores the performance and trajectory of the lithium futures market, which emerged to manage price volatility in the booming lithium industry
August 9, 2024
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By Przemek Koralewski
Insights
MENA steel suppliers well positioned to grab bigger share of EU market during green transition
Suppliers from the Middle East & North Africa (MENA) widely expect to gain market share in the European flat steel market in the coming years as a result of the EU's Carbon Border Adjustment Mechanism (CBAM) and an anti-dumping probe again Asian suppliers, sources told Fastmarkets on Thursday August 8.
August 9, 2024
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By Julia Bolotova, Serife Durmus, the Fastmarkets team
Insights
Australian mining’s ESG conundrum
Amid the rising focus on environmental, social and governance (ESG) performance, the Australian mining industry faces a conundrum: maintain production at competitive levels or promote rigorous ESG standards
August 8, 2024
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By Callum Perry, Solomon Cefai, Alice Li, Laura Roberts
Insights
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