IN CASE YOU MISSED IT: 5 key stories from July 10

Here are five Fastmarkets stories you might have missed on Friday July 10 that are worth another look.

The United Steelworkers union in Canada has warned that certain steel products from the nation, along with aluminium, could again be hit with Section 232 tariffs by President Donald Trump’s administration.

Aluminium has an opportunity to play a key role in the government-led rebuilding of economies following the Covid-19 pandemic, including in the drive to a low-carbon economy as well as developments in infrastructure, transportation and construction, the secretary general of the International Aluminium Institute (IAI) said.

Some US, French and German shipping lines have stopped handling shipments of non-ferrous scrap material to China, citing concerns over the delayed launch of a policy in the East Asian country to trade scrap as renewable materials.

Production at Glencore’s Katanga copper and cobalt mine in the Democratic Republic of the Congo (DRC) has been uninterrupted by the confirmation of six Covid-19 cases at the operation.

The government of Finland decided on Thursday July 9 to invest €150 million ($170 million) into the equity of state-owned mining investment firm Finnish Minerals Group.

What to read next
Market reactions to the soon-to-be-implemented US copper tariff are driving short-term volatility and supply imbalances while fuelling long-term efforts to expand domestic production, recycling and infrastructure.
US export controls on recycled copper would have unintended consequences that could weaken the country’s domestic recycling and manufacturing ecosystems, the president of the Recycled Materials Association (ReMA) said.
The publication of Fastmarkets’ assessments for nickel 4x4 cathode, nickel briquette and nickel uncut cathode premiums in-whs Rotterdam was delayed on Tuesday July 16 because of a reporter error.
Fastmarkets has corrected its alumina index inferred prices, which were published incorrectly on Tuesday July 15.
The United States' copper recycling industry is ramping up pressure on policymakers to impose some form of export controls on high-purity copper scrap, arguing that current trade dynamics – particularly with China – are distorting prices, weakening domestic capacity and undermining national security goals.
Fastmarkets launched two new price assessments for Indonesia’s domestic trade in nickel ore on Tuesday July 15. The two price assessments are for domestic trades of Indonesian laterite ores with 1.6% and 1.2% nickel content. Indonesia now accounts for 60% of the global nickel supplies and while there is an official government reference price, known […]