IN CASE YOU MISSED IT: 5 key stories from January 22

Here are five Fastmarkets MB stories you might have missed on Wednesday January 22 that are worth another look.

China’s export plate prices gained last week as mills raised their offers amid a stronger US dollar, but the market has been quiet this week ahead of the upcoming Lunar New Year holiday.

European aluminium premiums edged up this week despite the backwardation seen in nearby London Metal Exchange spreads, while rates in the United States declined to a near 23-month low amid quiet spot conditions.

Copper premiums were largely flat ahead of the Lunar New Year holiday in the main consumer territory of China. But premiums did make some small gains in Shanghai and a barrage of stocks begun to hit London Metal Exchange warehouses on Tuesday January 21.

South32 sold an indirect stake in fellow manganese producer United Manganese of Kalahari (UMK) for $93 million during the three months to December 31, 2019, both companies have confirmed.

High-carbon ferro-chrome spot import prices in Japan and South Korea largely shrugged off higher offers resulting from fresh strength in the domestic Indian ferro-chrome market.

What to read next
Fastmarkets has decided to proceed with the launch of a new European low carbon ferro-chrome price covering material with lower chrome content.
Fastmarkets invites feedback on a proposal to increase the publication frequency of non-exchange-deliverable equivalent-grade (EQ) copper cathode premium, cif Shanghai, from once every two weeks to once every week.
The outlook for North American steel scrap prices has headed further into bearish territory ahead of June’s trade, with prices for all grades expected to fall again after a round of across-the-board decreases in May
Fastmarkets is inviting feedback on a change of publishing time for our ferro-chrome price in the Chinese domestic market as well as ferro-chrome import prices in Japan and South Korea, to 5-6pm Shanghai time from 2-3pm London time.
Fastmarkets is inviting feedback on a proposal change the publishing time for our silico-manganese, ferro-manganese and manganese ore port prices in China, to 5-6pm Shanghai time from 2-3pm London time.
The publication of Fastmarkets copper concentrates TC index, cif Asia Pacific was delayed on Friday March 26, due to a reporter error.
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