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South Africa’s 21-day lockdown disrupts chrome sector, delays stainless surcharge update

by Stuart Burns on April 2, 2020

Style:: Market Analysis
Category:: Metal Prices

JEGAS RA/Adobe Stock

Sporadic reports of mine closures and special working arrangements have gathered momentum during March and into April, in some cases sparking fears of ore supply shortages.

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Few places have had quite the profound impact that closures in South Africa have caused.

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This Morning in Metals: U.S. trade deficit falls in February

by Fouad Egbaria on April 2, 2020

Style:: Industry News
Category:: Global Trade

freshidea/Adobe Stock

This morning in metals news, the U.S.’s goods and services trade deficit dropped in February, Brazilian iron ore miner Vale said the commodity will take a hit because of falling steel demand and India’s Odisha state will continue to try to churn out iron ore production.

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