IN CASE YOU MISSED IT: 5 key stories from June 22

Here are five Fastmarkets stories you might have missed on Monday June 22 that are worth another look.

The dramatic consequences of the Covid-19-related lockdowns across Europe, and the corresponding shutdowns of industrial activities, have resulted in an enormous disruption to the supply chains across all sectors of the steel industry.

Chilean state-run copper producer Codelco has decided to halt all of its construction projects in the north of the country, including the underground phase of Chuquicamata, while the Covid-19 pandemic spreads across the region, the company said on Saturday June 20.

China’s electrolytic manganese flake export price maintained its one-year low on Friday June 19 on lower offers from traders amid sluggish overseas demand, sources said.

Weak end-user demand pushed the ammonium paratungstate (APT) price in Europe and the United States down by 4.5% in the week to June 19, sources said.

The UG2 chrome ore market dipped
in the week to June 19 amid a lack of meaningful trading activity ahead of the release of July ferro-chrome tender prices, while spot Chinese ferro-chrome prices continued to show signs of softening.

What to read next
Fastmarkets proposes to amend the specifications for its weekly payable indicators for black mass in South Korea.
Learn why delayed universal definitions of green steel means pricing green steel remains a challenge
Fastmarkets has launched two new Green Steel prices for the European domestic market, starting Thursday June 8.
Learn more on why advancements in “green steel” considered unachievable in geographical isolation and require the collaboration of all stakeholders in all regions if they are to succeed.
Fastmarkets has corrected the rand fixing prices for LME-traded base metals, which were published incorrectly on Tuesday June 6 due to a technical error.
Fastmarkets will discontinue its consumer buying assessment for steel scrap rail crops 2ft max, delivered mill Chicago, effective July 1 amid a sustained lack of liquidity for that grade in that market.
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.