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    • Amendment to UG2/MG chrome ore index
      Fastmarkets will amend the baseline chrome to iron ratio in its MB-CHO-0003 chrome ore South Africa UG2/MG concentrates index, cif China as of the calculation on Tuesday November 14.
      November 8, 2023
       · 
      By Claire Patel-Campbell
      Insights
    • Aluminium, Architecture, Building
      What’s ahead for base metals prices?
      Aluminium price on China’s economy Range-trading has characterized the LME aluminium price as the decline since the start of October attempts to stabilize. At the beginning of the year, market participants had overestimated China’s ability to stimulate its way out of the Covid-lockdown era, putting too much emphasis on a fast and robust recovery. However, as China’s economic […]
      November 8, 2023
       · 
      By the Fastmarkets team
      Insights
    • Aluminium, Accessories, Diamond
      China’s Commerce Ministry to add rare earths to export report directory
      The Chinese Ministry of Commerce will include rare earths in its Catalog of Energy and Resource Products Subject to Export Reporting, the ministry said on Tuesday November 7
      November 7, 2023
       · 
      By the Fastmarkets team
      Insights
    • Steel producer
      Three reasons why Chinese steelmakers are trapped in a prisoner’s dilemma
      While daily crude steel production stood at 2 million tonnes in mid-October, a 1.25% decrease from the previous year according to data published by China’s Iron and Steel Association (CISA), overall production has remained relatively firm following a strong first half of 2023. With no clear indications of a rebound in downstream steel prices in […]
      November 7, 2023
       · 
      By Norman Fong
      Insights
    • Coal mine
      EU, US fail to reach agreement on Global Arrangement on Sustainable Steel and Aluminium
      Talks between the European Union and the United States began in October 2021, where both parties announced the Global Arrangement on Sustainable Steel and Aluminium (GASSA), a partnership in which both parties would negotiate an arrangement to combat global overcapacity and climate change. The discussions would include discouraging trade in high-carbon steel and aluminum that […]
      November 7, 2023
       · 
      By Alesha Alkaff
      Insights
    • NANO Energy looks to mining as key market for microreactors
      NANO has targeted remote mining operations run by diesel fuel in locations where the logistics of providing a constant source of fuel “may be a challenge,” the CEO said. The company’s microreactors could also expand mining opportunities to more new locations. “It can make thousands of potential mines economic and come online, whereas before, they […]
      November 7, 2023
       · 
      By Robert England
      Insights
    • US Midwest low-carbon aluminium differentials at zero; interest grows
      Fastmarkets assessed its new aluminium low-carbon differential P1020A, US Midwest at zero on Friday November 3. The assessment for the aluminium low-carbon differential for value-added product, US Midwest, also was at zero on Friday. Fastmarkets aims to bring transparency to the market with its new low-carbon aluminium differentials. “We are getting lots of questions about carbon […]
      November 6, 2023
       · 
      By Yasemin Esmen
      Insights
    • Wheat field being harvested
      Argentina’s wheat and sunflower crop estimates lowered: Bage
      Frost and drought affect the country's grains and oilseeds production
      November 6, 2023
       · 
      By Jocelyn Garcia
      Insights
    • Launch of US low-carbon aluminium differentials: pricing notice
      Fastmarkets is launching low-carbon aluminium differentials to its existing US Midwest P1020A and value-added product (VAP) premium contracts to meet market interest in low-carbon aluminium pricing mechanisms.
      November 3, 2023
       · 
      By Yasemin Esmen
      Insights
    • Global lithium prices continue to tumble on sluggish demand
      China’s lithium prices extended losses in the week ended Thursday November 2, which market participants attributed to ongoing weak demand and bearish sentiment.
      November 3, 2023
       · 
      By the Fastmarkets team, Dalila Ouerghi, Zihao Li
      Insights
    Top stories across markets
    Recycling Symbol, Symbol, Cabinet
    California to vote on bill to hold EV battery producers accountable for end-of-life management, recycling

    California could soon enact legislation that would make electric vehicle (EV) battery producers responsible for ensuring end-of-life management and recycling of their batteries after Senate Bill (SB) 615 was approved by the Assembly Committee on Appropriations, clearing the way for a floor vote.

    August 27, 2024
     · 
    By: Kirstyn Petras
    Copper elements ready to be used for the production of electric motors
    European refined copper demand weak; German demand particularly challenged

    Macroeconomic challenges are putting pressure on the copper industry in Europe, with German demand particularly weak, sources told Fastmarkets

    August 27, 2024
     · 
    By: Albert MacKenzie
    Pattern, Accessories, Fractal
    Chinese UCO exports drop to 176,816 tonnes in July, biodiesel doubles month on month

    The drop was influenced by high freight rates and an ongoing European Commission fraud investigation.

    August 27, 2024
     · 
    By: Veronika Prykhodko
    Car, Transportation, Vehicle
    Canada to impose 100% tariff on EV imports from China

    Canada will impose 100% tariff on imports of China-made electric vehicles (EVs) starting October 1, Prime Minister Justin Trudeau said on Monday August 26. The country is also imposing a 25% tariff on steel and aluminium imports from China starting October 15.

    August 27, 2024
     · 
    By: Nina Hu
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