IN CASE YOU MISSED IT: 5 key stories from May 19

Here are five Fastmarkets stories you might have missed on Tuesday May 19 that are worth another look.

German diversified industrial group Thyssenkrupp has detailed its restructuring plan, confirming plans to sell shares in its steel business and sell or close its heavy plate sites.

Swedish state-owned iron-ore producer LKAB has confirmed that all production at its Kiruna mine has stopped following a seismic event on Monday, the company said on May 19.

Demand for copper products is likely to continue to worsen, Aurubis said even while reporting a profit for the second quarter of its financial year.

A string of Covid-19 cases among staff at Polyus PJSC, Russia’s largest gold mine and main antimony ore supplier, could threaten exports of concentrates from the country, sources have said.

China’s domestic prices of vanadium alloy products including ferro-vanadium and vanadium nitrogen continued to rise, though marginally, in the past week due to improved sentiment amid some positive signs in the downstream steel market, sources told Fastmarkets.

What to read next
Roughly 40,000 tonnes per month of copper cathode that once flowed smoothly into the United Arab Emirates (UAE) through Jebel Ali had few options to reroute after the Strait of Hormuz officially closed on Monday March 2, with the only alternative entry points — Khor Fakkan and Fujairah — already straining under the weight of diverted cargo, market sources told Fastmarkets.
Navigating market volatility with data-driven strategies for resilient mining operations
The publication of several of Fastmarkets' copper concentrates indices was delayed on Friday February 27 because of a technical error. Fastmarkets' pricing database has been updated.
Discover how fear, deglobalization and AI are transforming the copper market. Insights from the Fast Forward podcast's interview with David Lilley of Drakewood Capital.
Fastmarkets has corrected its MB-BX-0016 Bauxite, cif China, price assessment, which was published incorrectly on Friday February 20.
Fastmarkets invited feedback from the industry on the pricing methodology for its non-ferrous materials and industrial minerals prices, via an open consultation process between January 6 and February 6. This consultation was done as part of our published annual methodology review process.