Here are five Fastmarkets MB stories you might have missed on Wednesday June 19 that are worth another look.
The United States Secretary of Commerce has joined the growing chorus of voices
questioning the current method of setting the US Midwest aluminium premium.
Chinese nickel premiums
jumped to record highs, creating expectations that global premiums will follow them higher while metal is drawn to China from Europe.
Fastmarket MB's assessment of the free-market in-warehouse bismuth price
declined by 3.1% to levels not seen since 1997.
U.S. Steel Corp
plans to idle two blast furnaces in the US and one in Europe as a result of "current market conditions," the company announced in earnings guidance released after the close of markets on Tuesday June 18.
Ferro-tungsten prices
hit a two-year low in Europe, and molybdenum prices failed to find support due to industrial action at Codelco and Molymet.