IN CASE YOU MISSED IT: 5 key stories from July 12

Here are five Fastmarkets MB stories you might have missed on Friday July 12 that are worth another look.

The antimony standard-grade II price softened on Friday July 12, and while the price for indium rose slightly the metal remains under pressure due to slow demand.

Aluminium foundry premiums in the United States and Europe have fallen over the past month, pressured lower by a lack of demand.

Chinese producers of battery-grade lithium cut offers to encourage sales amid low downstream demand and an oversupply of material in the market.

Import bookings of hot-rolled coil into India have come to a standstill because of tariff uncertainties, with buyers fearing that the government may soon impose a safeguard duty on flat steel imports.

Chinese silico-manganese producers withdrew from the portside spot market this past week, with sufficient stocks having increased their procurement volumes ahead of the release of the July tender price by Hebei Steel, forcing some ore traders to lower their offers.

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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