IN CASE YOU MISSED IT: 5 key stories from June 6

Here are five Fastmarkets MB stories you might have missed on Thursday June 6 that are worth another look.

A potential global ban on internal combustion engines in 2030 could facilitate growth in nickel’s share of the electric vehicle battery market to 80%, Al Bedwell, of automotive intelligence provider LMC Automotive, said at the 7th International Nickel Conference on Thursday June 6.

A group of 17 Chinese refiners of ammonium paratungstate in Jiangxi have decided to cut production by 30% in June, with the restrictions to last no less than 15 days.

Global zinc and lead producer Nyrstar has declared force majeure on contracts to supply lead from its Port Pirie smelter in Australia, a company spokesperson said on June 6.

The downward trend in the cobalt sulfate market has paused but the price remains vulnerable amid weak sentiment in the market.

In steel, European steelmakers have called for the European Commission to review its decision to liberalize its import safeguard measures by increasing quota volumes by 5% each year, Fastmarkets has learned. Separately, Fastmarkets has heard that international metals group Liberty House is unlikely to bid for troubled UK long steel producer British Steel.

What to read next
Fastmarkets advises that, as of Friday June 9, some regional ferrous scrap prices and markets have not settled for June; Fastmarkets typically settles these markets on or before the 10th of each month.
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.
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.