Numerous challenges are ahead for the graphite industry while it develops to meet the needs of the rapidly growing electric vehicle (EV) sector. While debate persists around cathode chemistries, with LFP cathodes gaining ground in China in recent months at the expense of NCM cathodes, these various lithium-ion battery chemistries are all utilizing graphite anodes. In the coming years, exponential...Read More
Stainless steel scrap prices in the United States fell on Tuesday October 5, while the cash nickel price on the London Metal Exchange dropped to $8.07 per lb."As expected, continued weakness in LME nickel has resulted in lower 304 stainless scrap prices," one dealer said.Dealers and processors continued to be concerned about the ongoing lack of supply, due to manufacturers having difficulty return...Read More
Fastmarkets analyst Boris Mikanikrezai and reporter Yasemin Esmen size up the copper market ahead of LME Week, which begins Monday October 11.While copper had a good start to the year, benefiting from the broad reflationary trade that lifted all the metals, it has come under pressure since its peak in May mainly due to a deterioration in the macroeconomic environment.The peak in copper prices came...Read More
Here are five Fastmarkets stories you might have missed on Wednesday October 6 that are worth another look.Significantly rising energy prices have forced European steelmakers to look for ways to compensate for surging production costs, but mills lack a unified approach to the problem; some are introducing energy surcharges while others...Read More
Turkey's steel and industrial gas producer Habas is planning to start hybrid vehicle production at a former Honda plant, according to a report seen by Fastmarkets.Honda terminated vehicle production in its plant in Kocaeli, Turkey, in September 2021. Habas is in touch with almost 30 engineering companies to start hybrid...Read More
Numerous challenges are ahead for the graphite industry while it develops to meet the needs of the rapidly growing electric vehicle (EV) sector. While debate persists around cathode chemistries, with LFP cathodes gaining ground in China in recent months at the expense of NCM cathodes, these various lithium-ion battery chemistries are all utilizing graphite anodes. In the coming years, exponential...Read More
The Cobalt alloy grade, in-whs Rotterdam, $/lbtrade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies....Read More
Significantly rising energy prices have forced European steelmakers to look for ways to compensate for surging production costs, but mills lack a unified approach to the problem; some are introducing energy surcharges while others prefer to focus on raising the price of steel, sources told Fastmarkets on the sidelines of the Made in Steel 2021 trade fair in Milan, Italy.In October, prices for gas...Read More
A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday October 6. Please click...Read More
A Turkish mill has returned to the United States deep-sea ferrous scrap market paying a $5-per-tonne increase compared with the last US sale amid sideways trending domestic prices for cut and shredded scrap.An East Coast exporter sold a cargo to Turkey comprising 22,000 tonnes of an 80:20 mix of No1 and No2 heavy melting scrap and 8,000 tonnes of shredded scrap priced at $448 per tonne cfr and $46...Read More
The Cobalt standard grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Fastmarkets assessed Cobalt standard grade, in-whs...Read More
Metal market participants have been forced to take creative approaches to ensure they can continue trading amid an intensely challenging freight environment, sources told Fastmarkets.A global logistics crisis has dragged on through the summer and into the autumn of 2021, highlighted by a continued shortage of vessels and containers, together with port congestion across the globe. Quarantines relat...Read More
Base metals prices on the London Metal Exchange were mainly down on the morning of Wednesday October 6, which was in line with the weakness in Asia-Pacific equities.Brent crude oil price back above $82 per barrel - adding to inflationary pressures......could be another factor to force central banks' hands in policy tightening.There are also fears that China's Evergrande debt problem is not the onl...Read More
Turkey's steel and industrial gas producer Habas is planning to start hybrid vehicle production at a former Honda plant, according to a report seen by Fastmarkets.Honda terminated vehicle production in its plant in Kocaeli, Turkey, in September 2021. Habas is in touch with almost 30 engineering companies to start hybrid...Read More
Brazilian mineral production rose by 9.61% year on year in January-August 2021 amid the inauguration or reopening of some iron ore operations in the country, national mining institute Ibram said on Wednesday October 6.The country produced 833 million tonnes in the first eight months of 2021, up from 760 million tonnes a year before, according to the association. In the same period, mining revenues...Read More
An overview of the consumer electronics markets and their latest price moves.Susan Zou in...Read More
Thyssenkrupp Steel has launched a form of steel with a reduction in CO2 intensity of 70%, it said.Using hot-briquetted iron (HBI), the carbon emission intensity per tonne of lower-CO2 flat steel products - which it calls "bluemint" - is 70% lower at 0.6 tonnes of CO2 per tonne than the 1.5 tonnes that would be produced otherwise, the steelmaker said on Wednesday October 6.Thyssenkrupp's "bluemint...Read More
Here are five Fastmarkets stories you might have missed on Wednesday October 6 that are worth another look.Significantly rising energy prices have forced European steelmakers to look for ways to compensate for surging production costs, but mills lack a unified approach to the problem; some are introducing energy surcharges while others...Read More
Philippine steelmakers have come back to the import market for steel billet while key buyers in China are celebrating National Day holidays, sources said on Wednesday October 6.Russian 5sp 125mm electric-arc furnace (EAF) billet was sold at $690-693 per tonne cfr Philippines this week, several key market participants told Fastmarkets on Wednesday.A European trader said that the 125mm EAF billet ca...Read More
Here are five Fastmarkets stories you might have missed on Wednesday October 6 that are worth another look.Significantly rising energy prices have forced European steelmakers to look for ways to compensate for surging production costs, but mills lack a unified approach to the problem; some are introducing energy surcharges while others...Read More