Lee Allen
Strategic Markets Editor, Scrap at FastMarkets
Strategic Markets Editor, Scrap at @fastmarkets. Writing about trade, geopolitics and secondary metals. [email protected]
Articles
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1 month ago |
fastmarkets.com | Lee Allen
The name of the index will be modified to steel scrap, sheared HMS 1&2 (80:20 mix), index, domestic, delivered UAE. This will clarify that the index covers sheared HMS 1&2 and not unprocessed HMS 1&2 material, which is also available in the market. The change to the name of the price will not affect historical data and will not change the specifications.
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1 month ago |
fastmarkets.com | Lee Allen |Carman Chew
Malaysian ports are hugely congested, with authorities in the country busy cracking down on illegal import shipments of electronic scrap (e-scrap). Raids were carried out by Malaysian authorities in Penang, Perak and Johor late last week to combat illegal e-scrap recycling operations, leading to arrests and the seizure of e-waste, machinery and even ammunition, local media reported on Sunday March 9.
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2 months ago |
agricensus.com | Lee Allen
Commodity market participants are hoping that greater stability in the Red Sea region will encourage more traffic through the Suez Canal route, even if container shipping giant Maersk has ruled out a return before at least the second half of 2025, Fastmarkets heard.
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Dec 12, 2024 |
fastmarkets.com | Julia Bolotova |Lee Allen |Ross Yeo
A crash involving a ship carrying a cargo of scrap on Sunday left serious damage to a lock on the Moselle located in Müden, just south of Koblenz in western Germany. The incident has caused a major blockage for ships traveling the Moselle to reach the Rhine – a vital artery for the shipment of metals such as aluminium and steel in Germany and Europe. Around 70 ships have been stuck along the Moselle on the way to the Rhine, Fastmarkets understands.
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Nov 26, 2024 |
fastmarkets.com | Lee Allen
The economic viability in running lithium-ion battery recycling operations has suffered this year, with prices for battery metals declining significantly, according to market sources. For example, Fastmarkets’ daily price assessment for lithium carbonate 99.5% Li2CO3 min, battery grade, spot prices cif China, Japan & Korea averaged $10.56-11.33 per kg in the month of November 2024 to date, down sharply from $19.91-21.32 per kg one year before.
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Massive power failure on rail network heading south to London tonight. Representatives from @LNER and @northernassist told me that trains are five deep, nobody moving past Alexandra Palace as of 22.30. Huge delays across the board.
RT @mrai_india: Join us for #Plenary Session at MRAI’s 10th #IMRC2023. #Session will focus on "Indian #RecyclingIndustry" and will have Go…
Interested to know: is there any real prospect that Tata Port Talbot could switch to EAFs? If so, would they still be able to produce flat steel good enough for the automotive industry? Tagging some people who may know! @SKinnock @W3L5H_DR4G0N @ColinM1956 @SZaitschenko