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The metals and mining markets are constantly changing. Stay connected to the stories driving change across the global metals markets, including the lasting effect of Russia’s invasion of Ukraine, energy price hikes, trade flow disruptions and the pull of decarbonization targets.
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Dive deeper into the stories impacting your markets with Fastmarkets’ in-depth news and analysis of the global metals market
Here are five Fastmarkets MB stories you might have missed on Wednesday May 22 that are worth another look.
The liquidation order issued by the government of Zambia, that would allow it to take control of the copper-producing assets held in the African country by global metals producer Vedanta, has sent shockwaves through the global industry.
The United States’ removal of Section 232 tariffs on Mexican steel products is likely to underpin a slow recovery in Mexico’s ferrous scrap market, market participants said.
The Zambian government has filed an official document to the High Court to liquidate the assets of Konkola Copper Mines (KCM), which is majority-owned by Vedanta Resources.
Physical iron ore markets continued to strengthen on Friday May 17, with the seaborne price breaching $100 per tonne cfr China for the first time in five years amid bullish futures.
The United States’ elimination of steel tariffs against Canada might allow Welded Tube of Canada to resume previous production levels at its Lackawanna, New York, mill and pursue an expansion there, the company’s top executive said.
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