Here are five Fastmarkets MB stories you might have missed on Tuesday July 30 that are worth another look.
Charge chrome prices have held at a 25-month low throughout July, highlighting the
challenges South African producers are facing with rising production costs.
A slump in global automotive sales in the first half of the year continues to
put pressure on tungsten prices, with ammonium paratungstate and ferro-tungsten prices in Europe now falling to their lowest levels since 2017.
Intense buying from Chinese speculators and foreign traders over the past two weeks is
unlikely to cause China's cobalt metal market to slip into a significant supply deficit in the near term, market participants told Fastmarkets.
The accelerated ramp-up of the new Cobre Panama copper mine in the central American country has
brought the start of its commercial production forward by several months to before the end of the third quarter, according to owner First Quantum Minerals.
Seaborne
iron ore prices rose on Tuesday July 30 on news that production restrictions on steelmakers in northern China over August are likely to be relaxed.