IN CASE YOU MISSED IT: 5 key stories from April 6

Here are five Fastmarkets stories you might have missed on Monday April 6 that are worth another look.

Italian stainless steelmaker Acciai Speciali Terni (AST) has resumed production, following a week of downtime in response to the coronavirus pandemic, sources told Fastmarkets on April 6.

The Covid-19 pandemic may have just sealed the fate of already-struggling aluminium smelting capacity.

Chile’s state copper commission, Cochilco, has lowered its estimate for the average copper price in 2020 to $2.40 per lb amid a significant downturn in demand due to the Covid-19 pandemic.

Seaborne manganese ore prices in China soared in the week ended Friday April 3, driven by strength in the portside market following supply concerns after South Africa’s nationwide lockdown permeated the seaborne market.

Canada-based ferro-titanium producer Metalliage is considering its options after local authorities in Canada said on Sunday April 5 that all non-essential business will be closed until May 4, extending its earlier order by three weeks.

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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.
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The near-term prospects for Chinese copper smelting capacity amid near-zero treatment charges (TCs) will, to a certain extent, depend on plants’ exposure to spot TCs, the chief executive officer of Rio Tinto’s copper division said on Tuesday, April 16