Here are five Fastmarkets stories you might have missed on Monday July 6 that are worth another look.
China’s infrastructure spending has aided the steel market’s recovery from the effects of Covid-19 shutdowns and is very likely to facilitate “a great prospective” for the consumption of steel and ferro-alloys used in infrastructure, delegates heard at Fastmarkets’ “Covid-19 and Asian ferro-alloys market” webinar on Tuesday June 30.
We are only a few days into the third quarter of 2020, but no benchmark premium has yet been set for the supply of aluminium ingots to Japan for the July-September period.
Codelco had demobilized staff and suspended construction at its El Teniente project in Chile to contain the rapidly spreading Covid-19 virus in the region, the company said on Saturday July 4.
Weak demand led Europe’s high-carbon ferro-chrome market to fall heavily in the week to Friday July 3, with many market participants concerned about when consumption would start to recover.
www.metalbulletin.com
