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US EV makers increasingly partner with upstream producers to secure battery supply: Novonix CEO
Electric vehicle (EV) manufacturers have been reaching upstream to producers, beyond their agreements with their battery manufacturing partners, to secure North American supply for their production, battery materials and technology company Novonix’s chief executive officer Chris Burns told Fastmarkets
November 22, 2024
·
By Yasemin Esmen
Insights
Trade in the crosshairs: Trump’s steel tariffs and the ripple effect on global trade
Navigating the steel market's new terrain: tariff impacts on global markets and US manufacturing
November 22, 2024
·
By the Fastmarkets team
Insights
Trump re-election signals uncertainties for China’s EV and battery industry amid potential policy shifts and tariffs
China’s electric vehicle (EV) and battery industry participants expect more uncertainty under a second Donald Trump presidency amid the president-elect’s intention to scale back the Inflation Reduction Act (IRA) and pursue expanded protectionist trade policies, sources told Fastmarkets on Thursday November 7
November 19, 2024
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By Dylan Duan, Sybil Pan, Zihao Li, Angeline Shi, Nina Hu, Venus Wang, the Fastmarkets team
Insights
European steel sector calls for action plan to safeguard industry in face of crisis
Policymakers in Europe need to follow a “steel action plan” to a avert a crisis in steelmaking, the European steel industry association Eurofer said this week
November 14, 2024
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By Julia Bolotova
Insights
India’s cost concerns in critical minerals outweigh issues in relying on imports: sources
India should invest to avoid its dependance on imports for almost 100% of its cobalt, lithium and nickel requirements, according to a report by the think tank Institute for Energy Economics and Financial Analysis (IEEFA). But slow government action and a focus on short-term costs keep India reliant on imported critical minerals, sources told Fastmarkets.
November 12, 2024
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By Callum Perry, Sahil Shaw, the Fastmarkets team
Insights
The growing role of used cooking oil in renewable diesel production
Explore how used cooking oil is gaining traction in the renewable fuels industry and the credit mechanisms available to producers
November 12, 2024
·
By David Becker
Insights
Lagging in green steel is major risk for Chinese steelmakers
Steelmakers that lag behind in decarbonization will be first to be phased out after green steel capacity rises to meet future demand, a senior advisor from a major Chinese steel company told delegates at the China Steel Industry Summit for 2025.
November 12, 2024
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By Zihuan Pan
Insights
Trump’s re-election sparks aluminium market optimism in US; Europe, Latin America watchful of trade impacts
Aluminium market participants in the US anticipate stable business supported by continued tariffs and potential interest rate cuts, while industry sources in Europe and Latin America are watchful of potential new trade restrictions.
November 8, 2024
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By Imogen Dudman, Leticia Simionato, Luna Zhu, the Fastmarkets team
Insights
Cobalt market reacts to Trump second presidential term
As the dust settles in Washington and Americans wake up to news that Donald Trump is once again president-elect, participants in the cobalt market discuss the wider ramifications on a crucial coming four years for the electric vehicle (EV) industry.
November 7, 2024
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By Alexander Cook
Insights
Graphite producers calm in face of Trump re-election, but Musk influence raises questions
Non-Chinese graphite producers were measured in their reaction to Donald Trump’s re-election on Wednesday November 6, predicting an unclear net impact of his potential policies on the build-out of supply chains for the battery raw material outside of China.
November 7, 2024
·
By Solomon Cefai
Insights
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