IN CASE YOU MISSED IT: 5 key stories from June 3

Here are five Fastmarkets stories you might have missed on Wednesday June 3 that are worth another look.

Mills in India and Pakistan have returned to the market for bulk scrap and have booked cargoes from the United States over the past few days, sources told Fastmarkets on June 3.

Primary aluminium stocks at the three main Japanese ports (MJP) of Osaka, Nagoya and Yokohama rose by 4% month on month at the end of April 2020, according to data released by major Japanese trading house Marubeni Corp.

An earthquake with a magnitude of 6.8 has hit the Antofagasta region of Northern Chile, which is home to a cluster of major copper mines, Fastmarkets understands.

The government of South Africa has eased the country’s lockdown, yet the continued threat of Covid-19 will dampen the recovery in chrome and manganese ore supply.

The United States Department of Commerce has launched an investigation under Section 232 into whether the current inflow of vanadium imports threatens to impair national security.

What to read next
The publication of the following prices was delayed on Tuesday April 30 due to technical issues. Fastmarkets’ pricing database has been updated.
The Chilean government is pushing ahead with plans for a new copper smelter despite the global smelting crisis, Chile’s minister of mining, Aurora Williams told Fastmarkets, adding that the state will also play a key role in developing the country’s premium lithium assets
Fastmarkets launches MB-NI-0256 nickel low-carbon briquette premium, cif global, $/tonne, on Wednesday May 1.
Fastmarkets will amend its MB-STE-0092 steel reinforcing bar (rebar) domestic, exw Poland, zloty/tonne price assessment on Friday May 3.
Just under two weeks ago, the chair of BHP made a phone call to his counterpart at mining peer Anglo American and set in motion a flurry of activity designed to create the largest copper producer in the world
Ferrous scrap could serve as a linchpin in decarbonizing both the steel and shipping sectors in South Korea, particularly in the short term, while waiting for emerging technologies such as hydrogen-based direct-reduced iron to be commercialized, Fastmarkets heard at a seminar on green steel and circularity