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Cobalt prices held close to levels last seen in August 2019 on Tuesday June 9, with buyers largely resisting spot market purchases.
Polish coal miner Jastrzebska Spólka Weglowa (JSW), the largest coking coal producer in Europe, has suspended production at two of its mines following the steep increase in new Covid-19 cases among its workers, the company said on Monday June 8.
Despite a mixed picture this morning, Tuesday June 9, generally strong uptrends are underway in most of the base metals. The exception is the infrastructure heavy-weight zinc, although the galvanizing metal is also widely used in the auto industry, which may be why it is lagging behind.
Here are five Fastmarkets stories you might have missed on Monday June 8 that are worth another look.
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