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Lithium market experts welcomed news that Argentina has struck a deal with private investors to restructure a large chunk of its debt because it will help provide a steadier environment for investors in the country.
Senators Chuck Grassley, also chairman of the Senate finance committee, and Joni Ernst (both Republican, Iowa) are urging US Commerce Department Secretary Wilbur Ross to lift Section 232 tariffs on any steel to be used in Iowa’s efforts to recover from a severe storm known as a derecho in August.
Base metals prices and equity markets were for the most part firmer on Monday September 14, and the common theme seems to be higher hopes for Covid-19 vaccines.
China’s reserve authority has finally approved fresh stockpiling of cobalt metal, casting some hope for the pandemic-weathered market, especially for cut cathode amid aerospace negativity.
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