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

Here are five Fastmarkets MB stories you might have missed on Thursday September 19 that are worth another look.

Ramp-ups in Chinese nickel pig iron (NPI) production will not inhibit the use of traditional ferro-nickel in European stainless steel production, multinational miner Anglo American’s head of business intelligence told Fastmarkets at the International Stainless and Special Steel Summit in Seville, Spain, on Tuesday September 17.

Domestic price sentiment for hot-dipped galvanized coil (HDG) in Europe has continued to be negative in the week ended September 19 due to slow market activity, sources have told Fastmarkets.

The China Smelters Purchase Team (CSPT), which comprises the largest copper smelters in the East Asian country, is set to accept two new members - Zhejiang Jiantong Fuye Heding and Huludao Zinc’s copper subsidiary - sources directly involved have told Fastmarkets.

Weak demand and good availability of cargoes continue to put pressure on global alumina prices toward the end of the third quarter of 2019, with prices on a downward spiral over the past four months.

Expectations of stockpiling activity ahead of the Chinese National Day holiday (October 1-7) have boosted sentiment among suppliers, leading to higher spot quotations for battery raw materials, including cobalt sulfate and tetroxide.

What to read next
The attack by the Russian army on a hydroelectric power plant in Nova Kakhovka in southern Ukraine on Tuesday June 6 has affected steelmaking operations at Kryvyi Rih, where ArcelorMittal’s Ukrainian steel mill and Metinvest’s mining and processing plants (GOKs) are located, sources have told Fastmarkets
Fastmarkets will launches its price assessment for ferro-chrome low carbon, 0.10% C, basis 60-64.9% Cr, CIF Europe, on Tuesday June 6.
Find out how Mitsui and Kobe Steel seek to reinforce their position in direct-reduced iron (DRI) production in the Middle East with the construction of a low-CO2 iron metallics production plant.
Fastmarkets proposes to launch published netback rates for both purity and incoterm differentials for its aluminium P1020A Rotterdam premiums.
Fastmarkets proposes to amend the publishing frequency of its three calcined alumina prices from monthly to quarterly.
Fastmarkets invited feedback from the industry on the pricing methodology for cobalt hydroxide, min 30% Co, inferred, China, $lb, via an open consultation process between May 4 and June 1, 2023. This consultation was done as part of our published annual methodology review process.
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.