IN CASE YOU MISSED IT: 5 key stories from May 31

June 03, 2019 / www.metalbulletin.com / Article Link

Here are five Fastmarkets MB stories you might have missed on Friday May 31 that are worth another look.

Troubled UK long steel producer British Steel entered compulsory liquidation on May 22. Fastmarkets examines the reasons behind the company's recent struggles, from uncertainty about Brexit and a slump in orders to rising costs for raw materials.

Brazil-based miner Vale said fragments of the northern slope of the Gongo Soco mine pit slipped early on Friday May 31 but did not have any adverse effects on the nearby Sul Superior dam.

Hebei Steel, China's largest steel mill, has kept its purchase price for silico-manganese unchanged at 7,600 yuan ($1,099) per tonne for June delivery, with suppliers trying to maintain higher offers amid rebounding prices in both the spot and futures markets, market sources told Fastmarkets MB.

Zinc smelters in Asia are acknowledging a March annual zinc concentrate supply deal between miner Teck Resources and smelter Korea Zinc as a benchmark, sources told Fastmarkets this week.

Safeguard measures against steel billet imported into Vietnam from Malaysia and Kazakhstan will be reinstated from June 13, according to an announcement by Vietnam's Ministry of Industry and Trade on May 29.

Recent News

Base metals outlook for 2026 opaque after decent rise last year

January 07, 2026 / www.canadianminingreport.com

Gold and silver stocks far outpace the major markets

January 07, 2026 / www.canadianminingreport.com

Bank of Japan boosts rates, continuing an unwinding carry trade

December 22, 2025 / www.canadianminingreport.com

Gold stocks outperform equity market slide

December 22, 2025 / www.canadianminingreport.com

Silver inventories rebound in UK, output from major producers rises

December 15, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok