July 2019

June manganese ore supply falls 3.4% year on year, IMnI says

World manganese ore supply reached only 1.66 million tonnes in June 2019, down by 3.4% year-on-year, according to the International Manganese Institute.

MINOR METALS MARKET REPORT 31/07: Antimony trioxide grade moves to slight premium; bismuth producers resist cutting offers

An overview of the minor metals markets and the reasons for any price moves.

TITANIUM SNAPSHOT: Alloy, scrap markets cement price floor; look higher

Key data from Fastmarkets' Wednesday July 31 pricing session in Europe:

FASTMARKETS NON-FERROUS PRICE CHANGES 31/07: Minor metals

The following Fastmarkets minor metals prices changed on Wednesday July 31:

Fresh stockpiling fuels Chinese cobalt metal price uptick

A fresh wave of stockpiling activities boosted the Chinese cobalt metal spot market price on Wednesday July 31.

Umicore facing challenges from electric vehicle subsidy reforms, poor battery demand, CEO says

Chinese subsidy reforms will cool down the electric vehicle (EV) market and weigh on battery demand in the second half of 2019, Umicore chief executive officer Mark Grynberg said in a conference call on Wednesday July 31.

Glencore expects $350mln loss amid cobalt price slump

Glencore expects to report earnings before interest and tax (Ebit) losses within its marketing department of $350 million for the first half of 2019 due to a sharp drop in cobalt prices.

China cobalt metal exports rise in June; imports of intermediates down

Chinese cobalt metal exports jumped up in June due to strong overseas traders’ buying appetites on appealing arbitrage profits, Fastmarkets learned.

GLENCORE AT A GLANCE: Copper output drops, zinc production up in H1; ferro-chrome guidance revised downward again

A summary of Glencore’s production results for the half year ended on June 30, 2019, as well as its adjusted full-year production guidance.

IN CASE YOU MISSED IT: 5 key stories from July 30

Here are five Fastmarkets MB stories you might have missed on Tuesday July 30 that are worth another look.