IN CASE YOU MISSED IT: 5 key stories from July 24

Here are five Fastmarkets MB stories you might have missed on Wednesday July 24 that are worth another look.

While Vedanta cheered over South Africa’s recent court ruling against the Zambian government’s liquidation of its majority-owned Konkola Copper Mines, Zambian officials rebuked the decision and denied the enforceability of the foreign ruling that determines the future of the country’s largest copper smelting assets.

Market participants are referring to a zinc concentrates deal between miner Teck Resources and smelter Nyrstar as a European benchmark, aligning with deals at the same level in Asia.

The downward trend in automotive sales in the United States, Europe and China is weighing on aluminium suppliers, although its impact on Constellium NV has been modest, the company’s top executive said.

The dramatic shift in the dynamics of the lithium market over the past four years has changed business practices and increased demand for price transparency.

Major swings in the prices of both nickel and tin over the past month could presage similar moves across the base metals complex, reflecting the waning influence of the US-China trade war on the metals markets.

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US export controls on recycled copper would have unintended consequences that could weaken the country’s domestic recycling and manufacturing ecosystems, the president of the Recycled Materials Association (ReMA) said.
The publication of Fastmarkets’ assessments for nickel 4x4 cathode, nickel briquette and nickel uncut cathode premiums in-whs Rotterdam was delayed on Tuesday July 16 because of a reporter error.
Fastmarkets has corrected its alumina index inferred prices, which were published incorrectly on Tuesday July 15.
The United States' copper recycling industry is ramping up pressure on policymakers to impose some form of export controls on high-purity copper scrap, arguing that current trade dynamics – particularly with China – are distorting prices, weakening domestic capacity and undermining national security goals.
Fastmarkets launched two new price assessments for Indonesia’s domestic trade in nickel ore on Tuesday July 15. The two price assessments are for domestic trades of Indonesian laterite ores with 1.6% and 1.2% nickel content. Indonesia now accounts for 60% of the global nickel supplies and while there is an official government reference price, known […]
US copper scrap market participants are shifting from COMEX to LME pricing in response to extreme price volatility and a new 50% copper import tariff. The change is influencing discount formulas, export strategies and long-term trading dynamics across the sector.