Aluminium and alumina producer Alcoa has launched the first low-carbon smelter-grade alumina brand, chief executive officer Roy Harvey announced at the Fastmarkets International Aluminium Conference. Speaking on Wednesday September 23, Harvey said the low-carbon alumina brand, EcoSource, will help its customers meet their sustainability goals. "We are launching a brand-new product, EcoSource, and...Read More

It was back in September 2015 that first reports surfaced about VW cheating with diesel emission readings, costing a number of senior company executives their careers and crushing the sales of VW'sRead More

Here are five Fastmarkets stories you might have missed on Wednesday September 23 that are worth another look.A blast furnace at Usiminas' Ipatinga unit in Brazil's southeastern Minas Gerais state caught on fire during maintenance work on Tuesday, only a month after being restarted, but there were no expectations of any effect on deliveries,...Read More

An overview of the minor metals markets and the reasons for any price moves.Read More

Turkish steel mills continued to stay away from the deep-sea scrap market on Wednesday September 23, further increasing downward pressure on prices, sources told Fastmarkets.The country's steelmakers have been absent from the deep-sea scrap market since September 9, when bookings were made at $301 per tonne cfr for HMS 1&2 (80:20).Some suppliers tried to increase their offers to $305-310 per...Read More

China will aim to be carbon neutral by 2060, President Xi Jin Ping said at the General Debate of the 75th Session of the General Assembly of the United Nations on Wednesday September 23."We aim to have carbon dioxide (CO2) emissions peak before 2030 and achieve carbon neutrality before 2060," he said.China also aims to scale up its Intended Nationally Determined Contributions - intended reductions...Read More

Tesla will mine its own lithium, make its own lithium-ion batteries for electric vehicles (EVs) and use more silicon and nickel in these cheaper batteries, the world's biggest EV maker said on Tuesday September 22.Tesla will simplify the process of obtaining battery-ready nickel and lithium, develop alternatives to existing aluminium alloys and recycle its own EV batteries, it added.Tesla's own 46...Read More

To say that the 2020 Atlantic hurricane season has been an active one would be a gross understatement.In fact, there have been so many named storms this year that they've run through the English alphabet and moved on to the Greek alphabet.Of course, I mention this as Tropical Storm Beta dumps a massive amount of rain along the Texas coast.Fortunately for those oil platforms in the Gulf of Mexico,...Read More

Here are five Fastmarkets stories you might have missed on Wednesday September 23 that are worth another look.A blast furnace at Usiminas' Ipatinga unit in Brazil's southeastern Minas Gerais state caught on fire during maintenance work on Tuesday, only a month after being restarted, but there were no expectations of any effect on deliveries,...Read More

Long lead times and a reduced domestic output have combined with a lack of competitive import offers to drive up the local price for hot-rolled coil in Europe, sources have told Fastmarkets.Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe, at ?,?487.61 ($572.17) per tonne on Wednesday September 23, up by ?,?2.26 per tonne from ?,?485.35 per tonne on Tuesd...Read More

Hollow steel sections prices in Europe were unchanged this week, despite producers still pushing for higher prices, market sources told Fastmarkets on Wednesday September 23.Fastmarkets' price assessment for steel sections (medium), domestic, delivered Northern Europe, was ?,?570-585 ($669-686) per tonne on Wednesday, unchanged week on week."New prices from some mills are up by ?,?30 per tonne, an...Read More

The Canada Border Services Agency (CBSA) has begun an investigation into alleged injurious dumping of steel rebar from Algeria, Egypt, Indonesia, Italy, Malaysia, Singapore and Vietnam, it said on Tuesday September 22.The probe falls under the Special Import Measures Act, and follows a complaint filed...Read More

Domestic steel mesh-quality wire rod producers in Europe managed to achieve new price gains over the past week due to limited supply and increased scrap costs, sources told Fastmarkets on Wednesday September 23.Northern EuropeFastmarkets' weekly price assessment for steel wire rod (mesh-quality), domestic, delivered Northern Europe was ?,?460-480 ($545-568) per tonne on Wednesday, widening up...Read More

Turkish steel mills continued to stay away from the deep-sea scrap market on Wednesday September 23, further increasing downward pressure on prices, sources told Fastmarkets.The country's steelmakers have been absent from the deep-sea scrap market since September 9, when bookings were made at $301 per tonne cfr for HMS 1&2 (80:20).Some suppliers tried to increase their offers to $305-310 per...Read More

Here are five Fastmarkets stories you might have missed on Wednesday September 23 that are worth another look.A blast furnace at Usiminas' Ipatinga unit in Brazil's southeastern Minas Gerais state caught on fire during maintenance work on Tuesday, only a month after being restarted, but there were no expectations of any effect on deliveries,...Read More

Chinese stainless steel producers have increased their consumption of stainless steel scrap in the last two months in an attempt to reduce their input costs, particularly those for ferro-alloys, with nickel prices soaring since mid-July, sources told Fastmarkets.Chinese stainless steel producers typically use a combination of nickel pig iron (NPI), stainless scrap and ferro-alloys for production.T...Read More

For Part 1 of this interview, CLICK HERETriple digit silver is not only possible - but highly probable, according to industry titans Mike Maloney and Keith Neumeyer. Join them in Part 2 of their discussion as they add more potential triggers to the list of why silver should one day take off like a rocket.?>>?Keith Neumeyer is the president and CEO of First Majestic Silver, one of the largest prima...Read More

According to Andy Schectman, gold and silver moved too far too fast. But they're now building a sustainable base around $1900. This dip has led to increased demand and sales are taking off. Never a good idea to chase the rallies. The bottom line is that we haven't seen anything yet. Business is strong because people understand that this is the same old pattern. Just like 2008, history is rhyming....Read More

Two insiders have recently emerged to give a shocking view behind the scenes of the ongoing Covid narrative. A former chief science officer at pharma giant Pfizer and a former official at the CDC have both come forward with shocking tales of fraud and falsification. Also today, US support for a Covid vaccine continues to plummet based on recent polls. More good news out of Pennsylvania. Dementia d...Read More

Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rigid ideology or conventional wisdom,...Read More