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IN CASE YOU MISSED IT: 5 key stories from June 10

Here are five Fastmarkets stories you might have missed on Wednesday June 10 that are worth another look.

June 11, 2020
By Generic people page
Base metals Copper

US sanctions against Islamic Republic of Iran Shipping Lines (IRISL) and its Shanghai-based subsidiary, E-Sail Shipping Co, are unlikely to have an impact on steel freight costs, sources told Fastmarkets on June 10.

Carmakers Volkswagen AG and Ford Motor Company have signed agreements that strengthen their global alliance in producing electric vehicles (EVs) and other commercial vehicles for customers in Europe and elsewhere, the companies said in a joint statement on Wednesday June 10.

Scrap metal cargoes shipped into China will be subject to a new set of inspection procedures from 2021, Fastmarkets has learned.

Chilean copper output rose by 2.6% year on year in April, with the country’s three top producers all reporting growth despite restrictions put in place to curb the spread of the Covid-19 outbreak.

Vietnam’s Masan Resources has completed the acquisition of Germany’s HC Starck Group tungsten business, the tungsten miner confirmed to Fastmarkets on June 10.

What to read next
Aluminum ingots
Middle East conflict might create supply constraints, raise in aluminium premiums in Mexico
The Mexican aluminium market might be strongly affected by the closure of the Strait of Hormuz, with supply constraints and consequently higher premiums, market participants told Fastmarkets on Tuesday March 10.
March 12, 2026
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By Leticia Simionato
Copper cathode
Lundin, BHP’s Vicuña project targets 395,000 tpy of copper concentrate from Argentina
Lundin Mining and BHP published a preliminary economic assessment on February 16 for their Vicuña joint venture, projecting average annual copper production of 395,000 tonnes over the first 25 years of operation as Argentina’s copper concentrate pipeline continues to build. PSJ Cobre Mendocino separately confirmed on February 14 that its feasibility study was under way.
March 10, 2026
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By Julienne Raboca
Architecture, Building, Cityscape
Chinese lead smelters cautious on concentrates purchases amid silver price volatility
Chinese lead smelters turned more bearish on the procurement of raw materials in the week to Friday February 13, amid heightened price volatility in silver, which is often contained in lead ores as an important by-product and contributor to smelter profits, sources told Fastmarkets.
March 10, 2026
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By Shiyue Zhao
A shipping tanker sailing through the Straight of Hormuz on a sunny day
Strait of Hormuz closure threatens 40,000 t/month copper cathode flows to Gulf as Jebel Ali blocked, Khor Fakkan and Fujairah near capacity
Roughly 40,000 tonnes per month of copper cathode that once flowed smoothly into the United Arab Emirates (UAE) through Jebel Ali had few options to reroute after the Strait of Hormuz officially closed on Monday March 2, with the only alternative entry points — Khor Fakkan and Fujairah — already straining under the weight of diverted cargo, market sources told Fastmarkets.
March 5, 2026
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By Julienne Raboca
Mining, Boat, Transportation
Forging uncertainty: How miners can turn market turbulence into strategic advantage
Navigating market volatility with data-driven strategies for resilient mining operations
March 3, 2026
Delayed publication of copper concentrates indices
The publication of several of Fastmarkets' copper concentrates indices was delayed on Friday February 27 because of a technical error. Fastmarkets' pricing database has been updated.
February 27, 2026
 · 
By Fastmarkets pricing team