IN CASE YOU MISSED IT: 5 key stories from October 29

Here are five Fastmarkets MB stories you might have missed on Tuesday October 29 that are worth another look.

The decline in Asian hot-rolled coil prices has continued to apply downward pressure on slab prices in the region, sources told Fastmarkets.

The copper market is largely shrugging off the positive price effects of supply constraints and is focusing its attention on the negative consequences on growth of the trade wars, the chief executive officer of Freeport-McMoRan has said.

The London Metal Exchange announced this week that industry members will form a committee to represent the views and interests of lithium stakeholders while the exchange plans the launch of a lithium futures contract.

Indonesian officials said on October 29 that their country’s ban on the export of nickel ore will begin in January 2020, as previously scheduled, once a review of irregular ore exporting practices is concluded.

The European ferro-silicon market backtracked over the past week, erasing recent gains as demand in the region tailed off, while US and Chinese prices both held amid lackluster trading activity.

What to read next
Fastmarkets proposes to extend the shipment window of its alumina index inferred, fob Brazil, to allow for greater inclusion of reported liquidity, and to increase the frequency of publication to weekly.
Following a month-long consultation period, Fastmarkets has amended the methodology for the bi-weekly assessment of the aluminium P1020A main Japanese ports (MJP) spot premium, to include domestic tenders and deals from the Japanese market.
Fastmarkets proposes to discontinue its ferrous scrap consumer buying price for cast iron borings in Pittsburgh due to a lack of liquidity.
Fastmarkets is proposing a realignment of its consumer buying price for ferrous scrap No1 busheling in Cincinnati and Pittsburgh, effective from the May 2023 monthly settlement.
A drive by electric vehicle (EV) manufacturers to improve the affordability of their cars may upend an expectation by some market observers that future EV dominance of automotive production will sharply reduce demand for special bar quality (SBQ) steel
The publication of Fastmarkets’ US rebar prices took place earlier than scheduled on Wednesday March 22 due to a reviewer error.
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.