The downtrend in the majority of the world’s steel slab markets is likely to continue in October amid increased competition between Brazilian, Iranian and CIS suppliers as well as unfavorable conditions in customers’ markets, Fastmarkets was told on Thursday October 4.

China’s month-on-month new electric vehicles (NEV) sales rebounded in August after month-on-month declines in June and July.

Following a two-month consultation period, Fastmarkets MB will implement the proposed specification changes to the Metal Bulletin 62% Fe Iron Ore China Port Stocks Index (MBIOI-CPS) to align with changes proposed to its seaborne 62% Fe iron ore index.

The latest news and price moves to start the Asian day on Tuesday October 2.

Hedging in theory is a relatively straightforward concept but the management and execution of a day-to-day derivatives strategy can be overwhelming for many companies at first, Mitch Robertson, a partner at commodity derivatives advisory Ferrometrics, told Fastmarkets AMM in an interview.

US regulators may be given powers to conduct oversight and investigate price reporting and price setting entities within the aluminium markets if recently-introduced legislation becomes law.

Blackstone Resources AG has launched a research and development program focused on new battery technology, with the goal of developing small and flat batteries for the mobile phone and laptop markets, the company said.

A joint venture comprising Tsingshan Group, GEM, Brunp Recycling, PT Indonesia Morowali Industrial Park (IMIP) and Hanwa Co Ltd will invest $700 million to develop a nickel-cobalt project in Indonesia.

Due to an administrative error, the incorrect Shanghai copper low-high premium, Grade A, cathode, in-warehouse was published on Friday September 28.

Fastmarkets MB will not publish price assessments for steel products in China during the period October 1-5, 2018, due to the week-long National Day holidays.