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Fastmarkets is proposing to launch a new weekly China hot-briquetted iron (HBI) import price assessment to enhance its growing editorial coverage of the Asian market for the steelmaking raw material.
While copper and tin prices are showing some hesitancy on the London Metal Exchange, most of the other base metals are looking robust this morning, Friday June 25, and all the base metals in Shanghai are upbeat too.
Pilbara Minerals’ board has approved a staged restart at the Ngungaju lithium project, set for the December quarter of 2021, the company announced on Friday June 25.
The likely introduction of an export tax on Russian semi-finished steel products could cause tight supplies and a jump in prices for steel billet in Asia over the second half of 2021, sources told Fastmarkets on Friday June 25.
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