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IN CASE YOU MISSED IT: 5 key stories from December 2

Here are five Fastmarkets MB stories you might have missed on Monday December 2 that are worth another look.

December 3, 2019
By Generic people page
Base metals Copper

United States President Donald Trump has imposed new tariffs on steel and aluminium imports from Brazil and Argentina, he said on social media platform Twitter on December 2.

A major Japanese steel mill plans to raise its hot-rolled coil offers to Asian buyers by $50 per tonne on a cfr basis for January-shipment materials.

Spot copper concentrate treatment and refining charges (TC/RCs) increased at the end of November, with the market busy discussing annual contracts and deals.

Chinese vanadium pentoxide (V2O5) prices have resumed their decline as sentiment deteriorated on falling downstream vanadium nitrogen tender prices from major steel mills, while in Europe the price range widened upwards on increased spot activity.

Belgian battery-materials manufacturer Umicore has completed its purchase of cobalt refining and cathode precursor activities in Kokkola, Finland from Freeport Cobalt for $203 million.

What to read next
Proposal to amend frequency of some US base metals premiums
Fastmarkets proposes to amend the frequency of the publication of several US base metal price assessments to a monthly basis, including MB-PB-0006 lead 99.97% ingot premium, ddp Midwest US; MB-SN-0036 tin 99.85% premium, in-whs Baltimore; MB-SN-0011 tin 99.85% premium, ddp Midwest US; MB-NI-0240 nickel 4x4 cathode premium, delivered Midwest US and MB-NI-0241 nickel briquette premium, delivered Midwest US.
December 2, 2024
 · 
By Rae Boyadjis
Possible Trump tariffs on Canada, Mexico spur alarm in US aluminium market
The news that President-elect Donald Trump is considering additional tariffs on goods from China as well as on all products from US trading partners Canada and Mexico has spurred alarm in the US aluminium market at a time that is usually known to be calm.
November 27, 2024
 · 
By Yasemin Esmen
City, Urban, Railing
How global copper, nickel markets will drive the outlook for cobalt in 2025
Unlike most other commodities, cobalt is primarily a by-product – with 60% derived from copper and 38% from nickel – so how will changes in those markets change the picture for cobalt in the coming months following a year of price weakness and oversupply in 2024?
November 26, 2024
 · 
By Angeline Shi
Copper recycling must accelerate to meet green energy demand, IEA says
Copper recycling will become increasingly critical as the world transitions to cleaner energy systems, the International Energy Agency (IEA) said in a special report published early this week.
November 25, 2024
 · 
By Carman Chew
Proposal to reduce frequency, increase timing window of US low-carbon aluminium differentials
Fastmarkets proposes to lower the frequency of its assessments for MB-AL-0389 aluminium low-carbon differential P1020A, US Midwest and MB-AL-0390 aluminium low-carbon differential value-added product US Midwest. Fastmarkets also proposes to extend the timing window of these same assessments to include any transaction data concluded within up to 18 months.
November 21, 2024
 · 
By Yasemin Esmen
Final decision on open consultation on non-ferrous methodology
Fastmarkets invited feedback from the industry on its non-ferrous and industrial minerals methodologies, via an open consultation process between October 8 and November 6, 2024. This consultation was done as part of our published annual methodology review process.
November 15, 2024
 · 
By Janie Davies