The three-month nickel contract continued to outshine
the rest of the London Metal Exchange base metals complex, rising by 2.3% at the close of trading on Thursday August 29.
The iron ore market will be watching the rollout
of China’s policies and Chinese buyers’ procurement strategies in the winter months to see what lies ahead for the steelmaking raw material, which has faced substantial price volatility this year.
Turkish steel producers have remained quiet in the deep-sea ferrous scrap markets
, expecting lower prices, after recently booking a number of cargoes for early-September deliveries, sources said on August 29.
Mark Lowe left Nizi International
, where he was head of base metals, in June after one year with the Luxembourg trading house, Fastmarkets has learned.
Fastmarkets' gives a run-down on the latest ferro-tungsten and ammonium paratungstate transactions
, bids, offers and assessments in Europe, Vietnam and China, with blue tungsten oxide and yellow tungsten oxide deals taken into consideration.