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

Ford Motor Co has joined the line-up of automotive companies pumping the brakes on the production of electric vehicles (EVs) and opting to focus instead on hybrid models.

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

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.

Several Chinese lithium producers are considering production cuts or complete suspension to mitigate losses from high costs amid the ongoing lithium price decline and muted demand, sources told Fastmarkets.

Fastmarkets analysts expect aluminium demand from European carmakers to slow this year, as consumer sentiment remains pessimistic and cautious

Sales of new energy vehicles (NEVs) in China overtook more conventional auto sales for the first time ever in July, accounting for more than half of all units sold during the month, according to the latest data from the China Association of Automobile Manufacturers (CAAM)

Slowing global demand for electric vehicles (EVs) seriously dented the second-quarter revenues of South Korea's key battery producers, sources told Fastmarkets on Friday August 9

The automotive industry in Japan, a major contributor to aluminium demand, had been hit with a series of headwinds in the first half of 2024, hampering its long-anticipated recovery. But market participants still expect the automotive industry to support a recovery in aluminium demand

In the ever-evolving landscape of the US housing market, recent trends reveal a complex interplay between lumber prices, construction activity and broader economic indicators