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IN CASE YOU MISSED IT: 5 key stories from May 4

Here are five Fastmarkets stories you might have missed on Monday May 4 that are worth another look.

May 5, 2020
By Generic people page
Base metals Copper

Flat-rolled steel import prices were mostly stable week on week in South America on Friday May 1, after deals became scarce and negotiations for June-shipment cargoes finished with low interest from clients.

The European Commission’s (EC) antitrust authorities granted Europe’s largest copper smelter Aurubis unconditional approval for the €380 million ($417 million) acquisition of Belgian-Spanish recycler Metallo Group, the company said on May 4.

Mining and metalworking in Peru will gradually resume in May after a government order on Sunday May 3 targeted key industries for restarts.

Continuing weak buying interest pushed ferro-tungsten prices to a three-year low in Europe in the week to May 1.

The low-grade seaborne manganese ore indices retreated on May 1, hit by disappointing alloy tender prices and softening local alloys futures prices.

What to read next
Steel
Aluminium’s challenge now beyond moving the metal | Hotter Commodities
Until now, aluminium has been hard to move, not hard to find. Global aluminium supply had remained technically intact, even as output was curtailed in parts of the Gulf, inventory buffers were drawn down or repositioned, and shipping through the Strait of Hormuz was severely disrupted.
April 2, 2026
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By Andrea Hotter
Water, Waterfront, Port
Aluminium in energy crossfire as Hormuz uncertainty drags on
Global aluminium producers face heightened uncertainty over power supplies, with oil and gas prices elevated by the closure of the Strait of Hormuz, through which around 20% of global oil and liquefied natural gas (LNG) flows, sources told Fastmarkets.
April 1, 2026
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By Madeline Morgan
Pricing Notice
Fastmarkets extends consultation on NCM/NCA black mass methodology, proposes changes to price names
Fastmarkets is extending the consultation period for the methodology of several of its black mass payables indicators and prices, and is also proposing changes to the names of CIF South Korea and EWX Europe black mass prices.
March 27, 2026
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By Fastmarkets pricing team
Rio Tinto targets broader aluminium footprint, division CEO says
Rio Tinto Aluminium is expanding its footprint beyond its historic hydro-powered Canadian base, targeting Europe, Asia and Latin America as part of a deliberate diversification strategy, according to the unit’s chief executive officer.
March 24, 2026
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By Andrea Hotter
Correction to copper concentrates treatment and refinement charges indices on March 20 2026
Fastmarkets has corrected its copper concentrates treatment and refinement charge indices, which were published incorrectly on March 20 2026 due to a technical error.
March 23, 2026
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By Fastmarkets pricing team
Correction to copper concentrates treatment and refinement charges indices on 27 February 2026
Fastmarkets has corrected its copper concentrates treatment and refinement charge indices, which were published incorrectly on February 27 2026 due to a backend calculation error. Fastmarkets has also corrected the indices' rationale and all related inferred indices.
March 20, 2026
 · 
By Fastmarkets pricing team