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United States-based electric vehicle maker Tesla’s failure to be listed as an S&P 500 company led to a 20% share price fall on Tuesday September 8, that in turn led to a 4% fall in the Nasdaq index – markets are wondering whether this will be a catalyst for a broader reality check? Or just provide another dip-buying opportunity?
Fastmarkets is extending the consultation period for discontinuation of four steel-sector price assessments in Argentina following a long period of low liquidity and an inactive spot market.
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Vale Canada – subsidiary of Brazilian multi-metal miner Vale – and Australian zinc producer New Century Resources have failed to reach an agreement in the latter’s 95% acquisition of Vale New Caledonia (VNC), the former announced on Tuesday September 8.
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