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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
Correction to rationale of manganese ore semi carbonate index, 36.5% Mn, fob Port Elizabeth
Fastmarkets has corrected the rationale for its MB-MNO-0002 manganese ore semi carbonate index, 36.5% Mn, fob Port Elizabeth, which was published incorrectly on Friday June 5 due to incorrect source data.
June 9, 2026
 · 
By Fastmarkets pricing team
close up of car wheel in automobile manufacturing factory assembly line, USA
Automotive sector steel demand at risk in UAW strike at American Axle: analysts
A United Auto Workers (UAW) strike at the American Axle factory in Three Rivers, Michigan, that began on Monday June 1 could lead to reduced demand for automotive steel if not resolved quickly, but analysts disagree on whether it will ultimately have a significant impact.
June 8, 2026
 · 
By Robert England
Correction to manganese ore semi carbonate index, 36.5% Mn, cif Tianjin
The MB-MNO-0003 Manganese ore semi carbonate index, 36.5% Mn, cif Tianjin, $ per dmtu was published in error as $4.75 per dry metric tonne unit. It has been corrected to $4.74 per dmtu. The rationale for the same index on the same date was also updated to reflect this change. It erroneously stated that “Fastmarkets’ manganese ore semi-carbonate […]
June 8, 2026
 · 
By Fastmarkets pricing team
Delayed publication of ferro-molybdenum, molybdic oxide prices
The publication of Fastmarkets’ price assessments for MB-FEO-0004 molybdenum, MB drummed molybdic oxide Mo, in-whs Busan; for MB-FEO-0003 molybdenum, drummed molybdic oxide, 57% Mo min, in-whs Rotterdam; and for MB-FEO-0001 ferro-molybdenum, 65% Mo min, in-whs Rotterdam, was delayed on Monday June 8 owing to slow data processing.
June 8, 2026
 · 
By Fastmarkets pricing team
Lighting, Stage, Texture
US copper build-up intensifies on tariff risk: Hotter Commodities
Half a million tonnes of copper is sitting in US warehouses, and the traders who put it there are starting to wonder whether they’ve built a hedge, or a trap.
June 8, 2026
 · 
By Andrea Hotter
Publication of Fastmarkets’ steel scrap No1 busheling, delivered mill Chicago assessment on Friday June 5, 2026
Fastmarkets published its assessment of the MB-STE-0232 steel scrap No1 busheling, consumer buying price, delivered mill Chicago, $/gross ton on Friday June 5, 2026.
June 5, 2026
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By Fastmarkets pricing team