Base metals prices on the Shanghai Futures Exchange were mostly up in morning trading on Thursday July 11 amid US dollar weakness following dovish comments by US Federal Reserve Chair Jerome Powell, while nickel rallied on reports of a possible ore ban by Indonesia.

Here are five Fastmarkets MB stories you might have missed on Wednesday July 10 that are worth another look.

High production costs and a lack of national protective trade measures resulted in Ezz Steel reporting a loss in the first quarter of 2019, Egypt’s biggest steel producer said on Tuesday July 9.

Market participants seem to be waiting for something to provide direction and that impetus is likely to come from the testimony of the United States Federal Reserve chairman later today.

Base metals prices on the Shanghai Futures Exchange were on divergent paths in morning trading on Wednesday July 10 amid US dollar strength and macroeconomic uncertainties.

The United States' Section 232 tariffs have benefited certain steel producers but mostly negatively impacted others due to disruption to the global supply chain ecosystem, an NLMK USA executive said following the layoff of at least 80 employees at its Pennsylvania facility last week.

Sinking product prices across the copper value chain are eroding processing margins for custom copper smelters, causing uncertainty as well as driving investments and consolidation in the industry.

In the process of standardizing the names of its prices, Fastmarkets has found that the range of thicknesses was displaying incorrectly in the name of its CIS steel heavy plate export price.

Fastmarkets has made changes to the specification of its cobalt hydroxide payable indicator - namely, to widen the payment window.

Base metals prices on the London Metal Exchange were broadly rangebound during morning trading on Tuesday July 9, with a steady appreciation of the US dollar index capping commodity investment.