IN CASE YOU MISSED IT: 5 key stories from August 29

Here are five Fastmarkets MB stories you might have missed on Thursday August 29 that are worth another look.

The three-month nickel contract continued to outshine the rest of the London Metal Exchange base metals complex, rising by 2.3% at the close of trading on Thursday August 29.

The iron ore market will be watching the rollout of China’s policies and Chinese buyers’ procurement strategies in the winter months to see what lies ahead for the steelmaking raw material, which has faced substantial price volatility this year.

Turkish steel producers have remained quiet in the deep-sea ferrous scrap markets, expecting lower prices, after recently booking a number of cargoes for early-September deliveries, sources said on August 29.

Mark Lowe left Nizi International, where he was head of base metals, in June after one year with the Luxembourg trading house, Fastmarkets has learned.

Fastmarkets’ gives a run-down on the latest ferro-tungsten and ammonium paratungstate transactions, bids, offers and assessments in Europe, Vietnam and China, with blue tungsten oxide and yellow tungsten oxide deals taken into consideration.

What to read next
Following a six-week consultation period, Fastmarkets can confirm it will amend the calculation method for all the average functions on the Fastmarkets platform from Wednesday March 1, 2023.
Consolidation, the recycling of electric vehicle batteries, US steel exports and the benefits of sustainable steelmaking were key talking points at Fastmarkets’ Scrap & Steel 2023 conference in Dallas in January
Green shoots of increased demand will emerge in US ferrous markets courtesy of the Biden administration’s trillion-dollar infrastructure package in 2023, Schnitzer’s executive vice president and chief strategy officer Richard Peach said at Fastmarkets’ Steel and Scrap Conference 2023 in Dallas, Texas
US special bar quality steel prices rose in January in line with rising scrap and alloy costs, according to market participants
European metal industry association Eurometaux has called on the European Commission to follow the lead shown by the Inflation Reduction Act and deliver a “powerful” policy to support the industry in the EU while it tries to keep up with the move to a new generation of energy markets
The fallout from Russia’s invasion of Ukraine is changing global trade flows for bauxite, with Brazilian material once again flowing into China and with the introduction of export restrictions elsewhere likely to influence availability through 2023
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
Proceed