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IN CASE YOU MISSED IT: 5 key stories from July 8

Here are five Fastmarkets stories you might have missed on Wednesday July 8 that are worth another look.

July 9, 2020
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By Generic people page

Insights
FERROUS WEBINAR: Steady hopes; downside lingers

Market participants in the US ferrous supply chain attending a Fastmarkets webinar on June 30 expected prices to be largely stable in the coming months, but benchmark indicators continue to track downward as an uneven reopening of the United States economy clouds the outlook.

July 9, 2020
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By Generic people page

Insights
LME to keep ring closed despite easing lockdown in London

The London Metal Exchange will keep its open outcry trading ring in London closed despite the United Kingdom easing its lockdown restrictions, it announced on Wednesday July 8.

July 8, 2020
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By Generic people page

Insights
Posco returns to steel scrap markets after long absence

South Korean steelmaker Posco has returned to the market for steel scrap from Japan and Korea in the past week after taking a hiatus of around three months, market sources told Fastmarkets.

July 8, 2020
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By Generic people page

Insights
MORNING VIEW: Broader markets softer, base metals prices mixed while China’s rally continues

With the exception of China’s CSI 300, Asian-Pacific equities and pre-market major western equity futures were weaker this morning, Wednesday July 8, while base metals prices on the London Metal Exchange were little changed and those on the Shanghai Futures Exchange were generally firmer.

July 8, 2020
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By William Adams

Insights
PRICING NOTICE: Amendment of Fastmarkets’ magnesium price assessments

After a consultation period, Fastmarkets has amended the specifications of its magnesium fob China main ports and magnesium exw China price assessments to reflect the quality of material produced in China.

July 8, 2020
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By Generic people page

Insights
WEBINAR: China’s rebar consumption recovery ‘extraordinary’; bright spots remain for stainless steel – panel

The recovery in Chinese steel consumption, especially that for rebar, has been “extraordinary”, while the downturn in the automotive sector may not necessarily mean stainless steel demand will decline this year, delegates heard at Fastmarkets’ Covid-19 and Asian ferro-alloys markets webinar on Tuesday June 30.

July 8, 2020
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By Susan Zou

Insights
IN CASE YOU MISSED IT: 5 key stories from July 7

Here are five Fastmarkets stories you might have missed on Tuesday July 7 that are worth another look.

July 8, 2020
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By Generic people page

Insights
PRICING NOTICE: Proposal to discontinue 5 precious metals price assessments

Fastmarkets proposes to discontinue five precious metals price assessments due to the limited liquidity of the markets in question and to focus on its core markets.

July 7, 2020
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By Generic people page

Insights
MORNING VIEW: Base metals prices hold firm, most Asian equities weaker while China’s rally continues

With the exception of China’s CSI 300, Asian-Pacific equities and pre-market major western equity futures were weaker this morning, Tuesday July 7, while base metals prices on the London Metal Exchange were mixed, although in general were holding up well.

July 7, 2020
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By William Adams

Insights

Top stories across markets

US Midwest aluminium premium turns upward after falling since May

The US Midwest aluminium premium for P1020A material rose for the first time in 36 assessments on Tuesday November 1, with most US market participants expecting there to be further upside

November 2, 2022

By: Orla O'Sullivan

Forest Products North America Conference 2022 – the key takeaways

The top talking points from the Forest Products North America Conference in San Diego you should know

November 2, 2022

close up of a copper mine taken in Romania

Possible change in China’s zero-Covid policy drives base metals prices up; nickel up 8.2%

Three-month prices for base metals on the London Metal Exchange all rose at the 5pm close of trading on Tuesday November 1, with nickel’s price increasing by 8.2%

November 1, 2022

By: Albert MacKenzie

3D illustration of electric vehicles charging

First nickel MHP assessment shows demand remains strong with domestic Chinese nickel sulfate prices rising

The Chinese battery-related nickel market has continued to show strength, with domestic prices rising and demand appearing strong for intermediate feedstock products such as nickel mixed-hydroxide-precipitate (MHP). But the international sulfate market has continued to show weakness on a spot basis with little buying interest reported.

November 1, 2022

By: Callum Perry

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