IN CASE YOU MISSED IT: 5 key stories from May 20

Here are five Fastmarkets MB stories you might have missed on Monday May 20 that are worth another look.

Massive amounts of scrap metal are being held at Malaysian ports for unprecedented inspections and multiple copper cargoes still at sea are being diverted to other Asian countries at big discounts, sources told Fastmarkets.

The German federal government is planning to invest “billions of euros” to improve inland waterway transport in a move welcomed by German steel federation WV Stahl.

Norsk Hydro’s Alunorte alumina refinery will ramp up to full production capacity after the federal court in Belem, Brazil, ended the final production embargo on the facility under a criminal lawsuit on Monday May 20.

Brazilian miner Vale has taken preventive measures on fears of a possible rupture at its Sul Superior dam, which include the building of a containment structure and emergency training with nearby residents.

The London Metal Exchange has decided on a dispute over when the load-in, load-out rule should have been activated, ruling in favor of warehouse company Istim.

What to read next
Century Aluminum is among those selected to start award negotiations for up to $500 million in Bipartisan Infrastructure Law and Inflation Reduction Act funding to build a new aluminium smelter, the company said on Monday March 25
Participants in the copper concentrates market are struggling to comprehend an “unstoppable” decline in treatment and refinement charges (TC/RCs), with every week bringing spot deals at fresh lows and rumors each “crazier” than the last, sources have told Fastmarkets
The US Department of Energy selected five base metals projects to receive more than $900 million in federal investment from its Industrial Demonstration Program (IDP), leading to a reduction of four million tonnes of carbon dioxide emissions annually, according to a statement by the Department on Monday March 25
Aluminium producer and recycler Constellium announced on Tuesday March 12 that the company is moving to test hydrogen utilization at an industrial scale as a power source in its casthouses
Fastmarkets has corrected its MB-ALU-0002 alumina index, fob Australia and its MB-ALU-0010 alumina inferred index, fob Brazil, which were published incorrectly on Monday March 18.
The publication of Fastmarkets’ US base metals prices were published early during the week of March 11-15 following the daylight saving time change in the US on March 10.