IN CASE YOU MISSED IT: 5 key stories from January 8

Here are five Fastmarkets MB stories you might have missed on Wednesday January 8 that are worth another look.

Escalating tensions between the United States and Iran have not affected appetite in Southeast Asia for Iranian steel products, sources told Fastmarkets.

Limited buying interest ahead of national holidays has dragged the Shanghai copper premium to its lowest level in almost three years, while copper premiums are stable in Europe and the United States with minimal spot activity for the first week of 2020.

Brazil’s Atlantic Nickel started producing around three months ahead of schedule, and expectations of achieving full capacity have also been brought forward to the second quarter this year, chief executive officer Paulo Castellari told Fastmarkets in an interview on Tuesday January 7.

Jupiter Mines is starting a feasibility study into an expansion project that aims to increase manganese ore output from Tshipi Borwa by 50% to 4.5 million tonnes per year over three years, the company announced on January 7.

North American lithium producer Livent has revised down its financial guidance for fourth-quarter as well as full-year revenues, and is reviewing potential changes to its planned capacity expansion road map, it said on January 7.

What to read next
Fastmarkets proposes to extend the shipment window of its alumina index inferred, fob Brazil, to allow for greater inclusion of reported liquidity, and to increase the frequency of publication to weekly.
Following a month-long consultation period, Fastmarkets has amended the methodology for the bi-weekly assessment of the aluminium P1020A main Japanese ports (MJP) spot premium, to include domestic tenders and deals from the Japanese market.
Fastmarkets proposes to discontinue its ferrous scrap consumer buying price for cast iron borings in Pittsburgh due to a lack of liquidity.
Fastmarkets is proposing a realignment of its consumer buying price for ferrous scrap No1 busheling in Cincinnati and Pittsburgh, effective from the May 2023 monthly settlement.
A drive by electric vehicle (EV) manufacturers to improve the affordability of their cars may upend an expectation by some market observers that future EV dominance of automotive production will sharply reduce demand for special bar quality (SBQ) steel
The publication of Fastmarkets’ US rebar prices took place earlier than scheduled on Wednesday March 22 due to a reviewer error.
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