IN CASE YOU MISSED IT: 5 key stories from June 25

Here are five Fastmarkets MB stories you might have missed on Tuesday June 25 that are worth another look.

Some of Jiangxi Tungsten Holding Group’s tungsten mines have had to cut production due to floods caused by heavy rain since the start of June in China’s Jiangxi province, with some market sources expecting this to cap the downtrend in tungsten concentrate prices.

Static trading conditions led prices for several secondary aluminium scrap grades in the United States to fall on Monday June 24, with many market participants concerned about copper and aluminium scrap import quotas issued by China last week.

After more than seven years analyzing metals, mining and industrial equities for Dutch bank ABN Amro, Philip Ngotho joined Spanish fund manager Azvalor Asset Management in May this year as a senior buy-side analyst. Ngotho perhaps is best known for writing research reports under headlines such as “Abandon ship” and “Astonishingly bad.” 

Chinese vanadium pentoxide (V2O5) producers might not be able to achieve scheduled production ramp-up plans in 2019 due to cost pressures stemming from the comparatively low V2O5 price so far this year and persistent stringent environmental inspections across the country, market sources told Fastmarkets MB.

Fastmarkets’ pricing and research team answers some key questions raised during our cobalt web seminar, discussing recent price moves in the market and how industry developments might affect the market – and prices.

What to read next
Market reactions to the soon-to-be-implemented US copper tariff are driving short-term volatility and supply imbalances while fuelling long-term efforts to expand domestic production, recycling and infrastructure.
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 […]