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South Africa Supports Ferro-Chrome: Preferential Electricity Tariff To Protect Industry, Exports And Employment
The South African ferro-chrome sector has obtained important regulatory support at a delicate moment for the country’s industrial competitiveness. The national energy authority has approved a proposed electricity tariff of 0.62 rand per kWh, equal to about 0.04...
UK Light Scrap Stable: Export To Turkey Supports Prices, But Sentiment Remains Weak
The British light scrap market closed the week to Friday June 5 without price changes, confirming a phase of apparent stability but with increasingly prudent sentiment. Export demand continued to offer support to values, while the domestic market and the international...
Cobalt Under Pressure: Hydroxide Weaker, Sulfate Down And Metal Still Without Direction
The cobalt market closed the week to Friday June 5 with signs of weakness in the Chinese chemical chain and greater stability in European metal. The most delicate point remains cobalt hydroxide, whose spot range narrowed downward because of weaker conversion margins...
Lithium In China Under Pressure: Volatile GFEX Futures, Rising Stocks And Weak Spot Liquidity
The Chinese lithium market experienced a week characterized by strong volatility and still fragile sentiment. In the second half of the week ended Friday June 5, domestic prices fell, with fluctuations on the Guangzhou Futures Exchange quickly transferring also to the...