IN CASE YOU MISSED IT: 5 key stories from January 16

Here are five Fastmarkets MB stories you might have missed on Wednesday January 16 that are worth another look.

European Union member states on Wednesday January 16 voted to support proposed definitive measures in the region’s safeguard case into imported steel, the European Commission said.

Hebei Steel, China’s largest steel mill, cut its monthly purchase price for silico-manganese for a second consecutive month in January.

Liberty Steel USA has ambitious goals to become a top presence in the United States’ steel and scrap sectors by 2020, including via the build-out of 5 million tons of steel capacity and scrap consumption to power that output, a top company executive said on Tuesday January 15.

The production embargo at the Alunorte refinery in Brazil, owned by world’s largest alumina producer Hydro, has been removed by SEMAS, the environmental agency in the Pará state.

The London Metal Exchange is opening a market consultation period regarding its approach to pre-trade transparency, and has suggested three possible ways to meet the requirements set out by the European Union’s MiFID II regulation, the exchange said in a note to members on Tuesday.

What to read next
The suspension of South32’s manganese ore operations at Groote Eylandt Mining Co (GEMCO) in Australia has been changing demand patterns among manganese ore buyers in Asia and this will benefit other manganese ore miners, market participants said on Wednesday April 24
The Brazilian Executive Management Committee for the Foreign Trade Chamber (Gecex-Camex) decided to increase steel import duties during one year to 25%, while establishing import volume quotas for 11 steel products, according to a document published on Tuesday April 23
Fastmarkets will discontinue its lithium contract price assessments, effective October 2024.
The global decarbonization drive is turning electrical steel into one of China's key ferrous products, with electrical steel exports surging in recent years, sources told Fastmarkets
China’s National Development and Reform Commission (NDRC) will work with relevant parties to regulate crude steel production, with a focus on energy saving and reducing carbon emissions. It will also release guidance on crude steel output for different steel mills later this year after a national investigation on steel capacity
The low-carbon aluminium differential in the US made its first move on Friday April 5 since Fastmarkets launched it five months ago.