IN CASE YOU MISSED IT: 5 key stories from June 24

Here are five Fastmarkets stories you might have missed on Wednesday June 24 that are worth another look.

The threat of Section 232 tariffs on aluminium imports from Canada into the United States has, like the great white shark following the Brody family in the universally panned film, ‘Jaws: The Revenge,’ returned - akin to a truly awful horror movie franchise.

The Materials Services trading arm of German diversified industrial group Thyssenkrupp, has teamed up with Munich-based Mantro to form a 50/50 steel scrap joint venture, MT Industry Recycling.

Embattled oil trader Hin Leong accumulated $808 million of losses over the past 10 years, which were in turn hidden from banks and other financial partners through a $2.1 billion overstatement of derivatives trading profits, according to its judicial manager, PricewaterhouseCoopers.

Cobalt continued to trade around 10-month lows in the first half of the week, with sellers happy to take lower prices to keep material flowing through their books.

China’s tungsten concentrate and ammonium paratungstate (APT) prices remain largely stable in an illiquid spot market, while the export price declined on lower price levels amid persistently slow overseas demand, sources said.

What to read next
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.
After a month-long consultation period, Fastmarkets has refined the delivery terms for its international nickel sulfate price assessments, with Japan and Korea now the only accepted locations.
After an extended consultation period, Fastmarkets has amended the specified brands in its cobalt standard grade and cobalt alloy grade price assessments.
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
Proceed