Covid-19 has exposed the overdependence and vulnerability in the electric vehicle (EV) supply chain, which supports the development of other regional battery production hubs in the coming years, panellists said in a Fastmarkets webinar last week.

After a one-month consultation period, Fastmarkets MB has amended the specification of its ferro-tungsten basis 75% W, in-whs dup Rotterdam, $/kg W price, adding details on packaging.

Asian-Pacific equities and pre-market European equity index futures were weaker this morning, Monday June 29, but base metals prices were for the most part firmer.

Here are five Fastmarkets stories you might have missed on Friday June 26 that are worth another look.

Fastmarkets is inviting feedback from the industry on the pricing methodologies for its steel hot-rolled coil index, fob mill US, as part of its annual methodology review process and compliance with the International Organization of Securities Commissions (IOSCO) principles for price reporting agencies.

An overview of the battery raw materials markets and their latest price moves.

The three-month nickel price on the London Metal Exchange was higher during morning trading on Friday June 26, topping gains across the complex despite thin turnover, while the ongoing drawdown of LME lead stocks saw the heavy metal’s underlying price stay elevated.

The latest forecasts from Fastmarkets' team of analysts are ready to view.

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.

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.