General Motors (GM) plans to reduce the price of electric vehicles (EVs) in the United States by expanding the range of battery chemistries it uses to include lithium-iron phosphate (LFP), its vice president of batteries, Kurt Kelty, told an annual investor’s panel on Tuesday October 8

China’s non-grain oriented electrical steel prices rose in the two weeks to Friday October 11, on price hikes by Chinese mills and amid India's anti-dumping probe into Chinese imports, sources said.

The heightened importance for the steel reinforcing bar (rebar) industry was apparent to market participants immediately, and has expanded to include multiple arms of the wider construction sector, including merchant bar, beams and wire rod, according to multiple sources in the rebar and general construction markets contacted by Fastmarkets on Wednesday October 2. The Category 4 […]

Chinese steelmakers are strengthening their position as global leaders in electrical steel after China's introduction of new motor efficiency standards, but experts have warned that supply may soon outpace demand and that overcapacity in high-end electrical steel products could generate downward pressure on prices.

Europe's automakers are increasingly vocal about the challenges they face in meeting the EU's stringent decarbonization targets, citing growing concerns over economic uncertainty, consumer reluctance to adopt electric vehicles (EVs) and shrinking production margins.

The move to place tariffs on electric vehicles (EVs) imported from China by many countries to varying degrees has resulted in changing trade flows and affected supply chains. Looking at the trade data however, not much has changed yet with EVs still arriving on European shores in volume.

Fastmarkets has compiled a unique, comprehensive overview of electric vehicle (EV) import duties across key markets, including policy announcements, illustrating the disparities and shifting approaches.

Colombian steelmakers conditioned the viability of building the country's first flat steel plant on the adoption of trade defense measures against imports, the companies said on Friday, September 6.

The outlook for nickel in North America remained bullish, with battery capacity installed in electric passenger vehicles expected to grow sixfold between 2020 and 2035, Fastmarkets’ International Critical Minerals and Metals Summit heard on Friday September 6.

While the United States government is incentivizing, through various programs, the onshoring of all steps of the electric vehicle production process in the country, US automakers have been turning to South Korean and Japanese battery producers to establish battery manufacturing joint ventures in the country, sources said