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North American automotive OEMs are navigating one of the toughest cost pressures today: raw material volatility. As supply chains become more localized through USMCA, the IRA, and reshoring, manufacturers continue to face rising material price risks.
European automotive OEMs and Tier 1 suppliers are facing a period of unprecedented market uncertainty.
The publication of Fastmarkets’ MB-ALU-0002 Alumina index, fob Australia, $/tonne and inferred alumina prices for Thursday April 23 was delayed because of a procedural error. Fastmarkets’ pricing database has been updated.
US steelmakers faced a “robust opportunity” in the data center construction boom, driven by rapid implementation of artificial intelligence software, according to Barry Zekelamn, executive chairman and chief executive officer of Zekelman Industries.
The publication of Fastmarkets’ price assessments of steel hot-rolled coil index domestic, exw Italy and steel hot-rolled coil index domestic, exw Northern Europe for Wednesday April 22 was delayed due to a reporter error. The Fastmarkets pricing database has been updated.
As major mills in the US steel industry inch closer to reinvestment decisions to reline their blast furnace operations, there is a window of opportunity to spur decarbonization in the already carbon-intensive sector, Rocky Mountain Institute (RMI) told Fastmarkets in an interview on Tuesday April 14.
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