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Markets were mainly firmer this morning, Friday June 26, with the base metals up across the board and most Asian-Pacific equities indices showing gains, while gold prices were consolidating – all of which suggesting a slight risk-on sentiment.
Here are five Fastmarkets stories you might have missed on Thursday June 25 that are worth another look.
Many scrap market participants were optimistic that shredded mixed non-ferrous metal product zorba would have a strong start to 2020. With firm demand and high prices for ferrous scrap encouraging inbound flows, it seemed the market could only go up.
Australian lithium miner Orocobre expects to sell a total of 1,600 tonnes of lithium carbonate from its flagship Olaroz mine during the June quarter, down around 36% from the prior quarter and 53% lower than a year ago, it said on Thursday June 25.
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