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

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

There was an air of optimism among copper participants attending a conference in the Chinese city of Qiqihar on Thursday September 5, with many there telling Fastmarkets they had heard deals and offers for copper cathode at higher levels than in recent weeks due to improving market fundamentals.

Albania-based chrome ore miner and high carbon ferro-chrome smelter Albchrome has extended the maintenance period of two of its furnaces for an additional three months, the company said on September 6.

China’s Hebei Steel, the country’s second largest steel mill, has released its purchase price for silico-manganese at 7,700 yuan ($1,078) per tonne for September delivery, down by 150 yuan per tonne from its August tender price, market sources told Fastmarkets.

Latin America’s apparent steel consumption fell by 3% year on year in the first half of 2019, to 33.67 million tonnes, mainly due to lower performance in Mexico and Argentina.

China’s domestic spot battery-grade lithium carbonate price narrowed downward in the week ended September 6 with most deals concluded at lower end of Fastmarkets’ published range, while those few deals struck at higher rates were done so on credit terms.

What to read next
Fastmarkets has decided to proceed with the launch of a new European low carbon ferro-chrome price covering material with lower chrome content.
Fastmarkets invites feedback on a proposal to increase the publication frequency of non-exchange-deliverable equivalent-grade (EQ) copper cathode premium, cif Shanghai, from once every two weeks to once every week.
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.
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