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

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

The wide differential between ferro-vanadium prices in China and Europe has prompted some European vanadium suppliers to deliver their cargoes to China to take advantage of the more favorable price in the Asian country, market sources told Fastmarkets.

ERG has appointed Telf AG the exclusive offtaker for cobalt hydroxide produced at its Metalkol Roan Tailings & Reclamation (RTR) project in the Democratic Republic of Congo (DRC), Fastmarkets understands.

Peruvian metals warehouse Logisminsa is in the process of building a lead concentrate storage and blending facility, a move that would break a Glencore-Trafigura duopoly in one of the world’s top exporters of the commodity.

The premium for aluminium billet in Italy has fallen to its lowest in over two years due to aggressively low offers from suppliers and continued poor demand.

The global steel slab market has been squeezed by increased competition, higher production costs and modest demand in the principal sales outlets at the start of the third quarter of 2019. Suppliers in Russia, Ukraine and Brazil were facing low sales to the United States market because of the protectionist measures in place there. As a result, these suppliers have begun to look for alternative destinations for their slab shipments, such as Europe, Turkey and Asia.

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Fastmarkets advises that, as of Monday May 11, certain monthly North American ferrous scrap markets are yet to settle.
Fastmarkets published its assessment of the MB-STE-0232 steel scrap No1 busheling, consumer buying price, delivered mill Chicago, $/gross ton on Monday May 11, 2026.
The following prices were affected: MB-STE-0093 Steel scrap auto bundle scrap domestic, delivered Turkey, lira/tonneMB-STE-0094 Steel scrap melting scrap from shipbreaking domestic, delivered Turkey, $/tonne These prices are part of the Fastmarkets scrap package. For more information or to provide feedback on the delayed publication of these prices, or if you would like to provide price information […]
The publication of Fastmarkets' price assessments for steel hot-rolled coil export, fob Black Sea, CIS and steel cold-rolled coil export, fob Black Sea, CIS for Monday May 11 was delayed due to a reporter error. Fastmarkets pricing database has been updated.
Fastmarkets' publication of the MB-STE-0232 Steel scrap No1 busheling, consumer buying price, delivered mill Chicago, $/gross ton is delayed by late settlement as of Friday May 8.
Fastmarkets advises that, as of Friday May 8, certain monthly North American ferrous scrap markets are yet to settle.