Energy crisis spotlight

What the energy crisis means for commodity markets across the globe

The current energy crisis in Europe as a result of Russia’s invasion of Ukraine earlier in 2022 means that the prices of fuel oil, gas and electricity have soared. Russia has turned off the taps on natural gas to Europe, leaving countries scrambling to diversify their energy sources. Across the continent, producers of key raw materials including aluminium and steel are facing a weaponization of the energy they need for production. This has sent the cost of power soaring.

Keep up-to-date with not only how this is impacting commodity markets across Europe, but also what this means for Europe’s plans to achieve net-zero greenhouse gas emissions by 2050. Will we see a boost in the production of the critical minerals needed to produce batteries for electric vehicles? Or, will the energy requirements to run these gigafactories be too much?

Get in touch today

Want to find out more about our price data, forecasts and market insights?

Fill out the form here.

The latest articles and insights on the energy crisis

There is strong political will and demand growth supporting Europe’s natural and synthetic graphite supply chains, but gaining permits for new projects will be the biggest stumbling block

Lower aluminium premiums in Europe risk deterring imports amid falling freight rates, with some market participants now looking at the availability of material for 2023 in light of the various smelter cuts on the continent

Alcoa has been lobbying the US government to sanction Russian aluminium, the major global and leading US aluminium producer said at a conference in New York on Wednesday November 16

Newsprint prices in Europe are showing signs of peaking in October after a three-month climb. What are the drivers?

Aluminium premiums in Europe and Japan continued to move lower in the week to Tuesday November 8, under pressure from weak consumer demand, while premiums in the United States bucked the downtrend for a second week despite uncertainty over the midterm elections there

How the Russian invasion is reducing Ukraine’s sunflower crushing capacity

Read our LME Week 2022 coverage

The negotiation season for long-term contracts is well under way in many of the base metal markets, and participants globally have noted that the price volatility seen so far in 2022 and the soaring energy costs in Europe have weighed on consumer sentiment

An ongoing European energy crisis and growing fears of a looming economic recession have US steel producers considering what role they may play in an unstable steel demand outlook

The energy crisis roiling Europe as a result of Russia’s invasion of Ukraine is expected to last longer than the coming winter, although efforts to secure alternative supplies are expected to eventually prove fruitful

Interested in our other guides?

Our price reporters and editorial team provide regular market intelligence and insights into the biggest issues facing the commodity markets

Fastmarkets combines the commodity intelligence of these familiar names:

Metal Bulletin • American Metal Market • Scrap Price Bulletin • Industrial Minerals • RISI • FOEX • The Jacobsen • Agricensus • Palm Oil Analytics • Random Lengths • Hardwood Market Report
• FastMarkets and more

Talk to us

Whether you’re interested in learning how to become a customer from our sales teams or looking to get in touch with one of our reporters, we’re here for you.

Speak to our team

Why use a price reporting agency?

Navigate uncertainty and make business decisions with confidence using our price data, forecasts and critical intelligence.

Learn more