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The build-up of Shanghai bonded copper stocks continued in April, albeit at a slower pace, with restrictions to prevent the spread of Covid-19 disrupting logistics, particularly earlier in the month
Fastmarkets invited feedback from the industry in an open-consultation process on the pricing methodology for the following assessments: steel cold-rolled coil, fob mill US; steel hot-dipped galvanized coil (cold-rolled base), fob mill US; and steel cut-to-length plate carbon grade, fob mill US.
Key talking points at Fastmarkets’ bauxite and alumina conference, held in Miami, United States, April 26-28.
Allegheny Technologies Inc (ATI) has taken “decisive procurement actions to create a near-term price-protected nickel safety stock,” company chairman, president and chief executive officer Robert Wetherbee said in a conference call on Wednesday May 4.
After a consultation period, Fastmarkets has amended the publication time of its inferred China cobalt hydroxide price assessment from 3:00pm London time to 3:30pm, to begin on Monday May 9.
French steel tube maker Vallourec has partially resumed operations at its Pau Branco iron ore mine in Brazil, almost four months after halting the unit because of a dam spill, it said on Wednesday May 4
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