Brazil¡¯s Vale, one of the world¡¯s largest miners, reported a first quarter net profit down 59% from a year earlier, far below analyst expectations, as profits were dragged down by weaker sales and lower iron ore prices.

The 2306 ferrosilicon contract price on ZCE closed at 7362 yuan per ton on April 26.

A binding ore supply agreement signed between Queensland Pacific Metals Ltd (QPM) and Maï Kouaoua Mines (MKM), highlights QPM's growing presence and strength of relationships it has established in New Caledonia.

Nickel demand to increase to 3.13 million tons in 2023, supply to increase to 3.37 million tons.

Electric arc furnace (EAF) platemaker Nucor has increased its plate prices by $40/short ton (st).

Patrik Schober, a media representative of Tameh Czech, said negotiations are "under way" between the companies, but would not comment further.

US exports to China totalled 439,924t in February, more than trebling compared with a year earlier.

The curve is in a clear backwardation, with May trading on screen almost €50/t below the underlying Argus assessment, which stood at €834.25/t.