No market has been left untouched by the escalating coronavirus pandemic, but iron ore prices have proved relatively buoyant
for the past two months compared with the price plunges we have seen in other commodities.
Industry association European Aluminium has launched a strategic plan
to maximize Europe’s aluminium recycling rates and keep the material in active use.
Global mining company BHP has stopped tendering spot market copper concentrates
from its Escondida mine, informed sources have told Fastmarkets.
Sentiment in Chinese domestic portside manganese ore prices for both low and high grades has strengthened
following news that the lockdown in South Africa will be extended by another 14 days.
The output and sales of new energy vehicles (NEVs) in China tumbled
by over 50% year on year in the first quarter of 2020 due to the effects of the Covid-19 virus on operations and end demand.