Become a customer

IN CASE YOU MISSED IT: 5 key stories from March 2

Here are five Fastmarkets stories you might have missed on Monday March 2 that are worth another look.

March 3, 2020
By Generic people page
Base metals Copper

The China Council for the Promotion of International Trade (CCPIT) has issued 1,615 force majeure certificates to businesses in China affected by the novel coronavirus (2019-nCOV) outbreak.

The price of European aluminium ingot 226 continued to climb on Friday February 28 due to strong domestic demand amid concerns that the spread of the novel coronavirus (2019-nCoV) in Italy could hamper production in the region, leaving a tight market with inadequate supply.

Global ferrous scrap prices edged up (apart from in Turkey) in the week to February 28, mainly due to a rise in freight rates, with many market participants reporting weak trading activity.

Cesco Santiago, one of the biggest annual events for the copper industry, has been canceled, organizers confirmed to Fastmarkets.

Ferro-vanadium prices were under pressure over the latest assessment period amid weak consumer demand both in China and Europe, while the European vanadium pentoxide price edged up in Europe amid tight prompt availability.

What to read next
Correction to the pricing rationale for the aluminium 6063 extrusion billet premium, ddp North Germany
Fastmarkets has corrected the pricing rationale for MB-AL-0302 aluminium 6063 extrusion billet premium, ddp North Germany (Ruhr region), $/tonne, which was published incorrectly on Friday April 19. No prices were corrected.
April 19, 2024
 · 
By James McKeigue
Coils of aluminium wire at a steel plant
US low-carbon aluminium units command premium for first time
The low-carbon aluminium differential in the US made its first move on Friday April 5 since Fastmarkets launched it five months ago.
April 19, 2024
 · 
By Yasemin Esmen
Steel, Aluminium, Blade
Brazilian aluminium industry plans further decarbonization
Brazil's aluminium industry is further enhancing its sustainability by boosting renewable energy use and recycling, while mitigating risk from high-carbon imports
April 18, 2024
 · 
By Renato Rostás
Aurubis not considering cuts amid low copper TCs, CEO says | Hotter Commodities
German copper producer Aurubis is among the least likely to consider reducing capacity despite record low treatment charges (TCs), according to its chief executive officer
April 18, 2024
 · 
By Andrea Hotter
European copper demand strong, with requests to increase order volumes, Aurubis CEO says | Hotter Commodities
European copper demand, particularly for wire rod, remains strong and seems to be outpacing broader macro-economic growth in the region, the chief executive officer of German producer Aurubis has said.
April 18, 2024
 · 
By Andrea Hotter
Los Bronces in transition phase while Anglo American focuses on value, Chile head says | Hotter Commodities
The process to place the smaller and less efficient of the two processing plants at Los Bronces on care and maintenance is expected to be completed by mid-2024 and comes as the company pushes value over volume, the chief executive officer of Anglo American Chile said
April 18, 2024
 · 
By Andrea Hotter