IN CASE YOU MISSED IT: 5 key stories from May 23

May 24, 2019 / www.metalbulletin.com / Article Link

Here are five Fastmarkets MB stories you might have missed on Thursday May 23 that are worth another look.

South32's decision to review the future of its manganese alloy assets comes as little surprise to fellow manganese alloy producers because they are likely to be considering similar options.

The United States' reduction of tariffs on Turkish steel imports to 25% from 50% last week will only partially reopen the US market to Turkish mills, who should avoid raising prices if they are to successfully regain a share in that market, several sources told Fastmarkets this week.

A recent call from the China Tungsten Industry Association for its members to continue to tightly control capacity and cut tungsten concentrate output by a further 10% this year has not yet had a positive effect on Chinese spot prices.

The Chinese domestic cobalt sulfate price hit a fresh low for 2019 mid-week amid persistent selling pressure among producers who are mostly struggling to break even, sources said.

In people moves, Acerinox chief executive officer Bernardo Vel??zquez has been elected chairman of the International Stainless Steel Forum for a two-year period until 2021, the Spain-based stainless steel producer said on Thursday May 23. Finnish stainless steelmaker Outokumpu said on May 23 that it appointed Olli-Matti Saksi the head of its Americas business with immediate effect. And the Bureau of International Recycling elected Chiho Environmental Group chief operating officer Tom Bird president of the association at its General Assembly at the BIR World Recycling Convention & Exhibition in Singapore on May 21.

Recent News

A shift to the later stages of gold and silver bull markets

October 27, 2025 / www.canadianminingreport.com

Gold stocks plunge on metal drop

October 27, 2025 / www.canadianminingreport.com

Gold stocks still up after pullback late in the week

October 20, 2025 / www.canadianminingreport.com

US regional bank slump goes global, driving market into gold

October 20, 2025 / www.canadianminingreport.com

Gold stocks weaker but outperform slump in other sectors

October 13, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok