IN CASE YOU MISSED IT: 5 key stories from July 30

Here are five Fastmarkets MB stories you might have missed on Tuesday July 30 that are worth another look.

Charge chrome prices have held at a 25-month low throughout July, highlighting the challenges South African producers are facing with rising production costs.

A slump in global automotive sales in the first half of the year continues to put pressure on tungsten prices, with ammonium paratungstate and ferro-tungsten prices in Europe now falling to their lowest levels since 2017.

Intense buying from Chinese speculators and foreign traders over the past two weeks is unlikely to cause China’s cobalt metal market to slip into a significant supply deficit in the near term, market participants told Fastmarkets.

The accelerated ramp-up of the new Cobre Panama copper mine in the central American country has brought the start of its commercial production forward by several months to before the end of the third quarter, according to owner First Quantum Minerals.

Seaborne iron ore prices rose on Tuesday July 30 on news that production restrictions on steelmakers in northern China over August are likely to be relaxed.

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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