IN CASE YOU MISSED IT: 5 key stories from July 15

Here are five Fastmarkets stories you might have missed on Wednesday July 15 that are worth another look.

Polish coking coal miner Jastrzebska Spólka Weglowa (JSW) is looking for financial aid to support operations badly affected by the Covid-19 pandemic, the company said on Wednesday July 15.

Part of the Nchanga copper mine in Zambia collapsed during the morning of July 15, as operator Konkola Copper Mines had earlier predicted that it would.

China’s worst flooding in 20 years is taking its toll on the domestic ferrous supply chain from steelmaking raw materials all the way through to finished steel products.

Fastmarkets has settled the benchmark premium for the supply of aluminium to main Japanese ports (MJP) in the third quarter of 2020 at $75-79 per tonne over the London Metal Exchange cash price.

The provincial government of Yunnan, China, has announced details of incentives for companies that purchase base metal products.

What to read next
US export controls on recycled copper would have unintended consequences that could weaken the country’s domestic recycling and manufacturing ecosystems, the president of the Recycled Materials Association (ReMA) said.
The publication of Fastmarkets’ assessments for nickel 4x4 cathode, nickel briquette and nickel uncut cathode premiums in-whs Rotterdam was delayed on Tuesday July 16 because of a reporter error.
Fastmarkets has corrected its alumina index inferred prices, which were published incorrectly on Tuesday July 15.
The United States' copper recycling industry is ramping up pressure on policymakers to impose some form of export controls on high-purity copper scrap, arguing that current trade dynamics – particularly with China – are distorting prices, weakening domestic capacity and undermining national security goals.
Fastmarkets launched two new price assessments for Indonesia’s domestic trade in nickel ore on Tuesday July 15. The two price assessments are for domestic trades of Indonesian laterite ores with 1.6% and 1.2% nickel content. Indonesia now accounts for 60% of the global nickel supplies and while there is an official government reference price, known […]
US copper scrap market participants are shifting from COMEX to LME pricing in response to extreme price volatility and a new 50% copper import tariff. The change is influencing discount formulas, export strategies and long-term trading dynamics across the sector.