China will allow nine companies to import ferrous scrap in 2019, according to a notice seen by Fastmarkets MB this week.

Turkish authorities are considering whether to launch a trade defense case against imports of hot-rolled coil from the European Union, market sources told Fastmarkets.

The partially curtailed Aluminerie de B√©cancour Inc (ABI) aluminium smelter in Quebec, Canada, will restart production later this month and return to its full 413,000-tonne-per-year capacity by the second quarter of 2020, Alcoa told Fastmarkets on Tuesday July 2.

Aggressive bidding has sent the free-market Fastmarkets MB bismuth price down by 4.1%, with little room for further declines, sources said.

Ample ferro-chrome supply in China and deteriorating sentiment precluded a June price rise, which some market participants had predicted amid long-running South African power constraints.