IN CASE YOU MISSED IT: 5 key stories from June 17

Here are five Fastmarkets MB stories you might have missed on Monday June 17 that are worth another look.

Base metals traded on the London Metal Exchange posted marginal gains by the afternoon kerb on Monday June 17, buoyed by dovish whispers from the United States Federal Reserve and a weakened US dollar index. The exceptions were nickel and tin, which both logged losses.

A number of US aluminium consumers are lobbying for the introduction of the Aluminum Pricing Examination (APEX) Act, designed to enhance regulatory oversight over benchmarking entities for the Midwest premium.

Newmont Goldcorp’s Peñasquito mine, the largest gold-silver mine in Mexico, has resumed production after a community blockade hindered its production since late April.

China is importing steel slab from Iran and Brazil to get around production limits placed on blast furnace operations in the country, industry sources told Fastmarkets MB over the past week.

The European ammonium paratungstate (APT) price has declined under pressure from weak demand and aggressive offers for material shipped from China, with ferro-tungsten prices also losing ground. Chinese tungsten concentrate pricing has also dipped due to weak demand.

What to read next
Fastmarkets has decided to proceed with the launch of a new European low carbon ferro-chrome price covering material with lower chrome content.
Fastmarkets invites feedback on a proposal to increase the publication frequency of non-exchange-deliverable equivalent-grade (EQ) copper cathode premium, cif Shanghai, from once every two weeks to once every week.
The outlook for North American steel scrap prices has headed further into bearish territory ahead of June’s trade, with prices for all grades expected to fall again after a round of across-the-board decreases in May
Fastmarkets is inviting feedback on a change of publishing time for our ferro-chrome price in the Chinese domestic market as well as ferro-chrome import prices in Japan and South Korea, to 5-6pm Shanghai time from 2-3pm London time.
Fastmarkets is inviting feedback on a proposal change the publishing time for our silico-manganese, ferro-manganese and manganese ore port prices in China, to 5-6pm Shanghai time from 2-3pm London time.
The publication of Fastmarkets copper concentrates TC index, cif Asia Pacific was delayed on Friday March 26, due to a reporter error.
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