IN CASE YOU MISSED IT: 5 key stories from May 21

Here are five Fastmarkets stories you might have missed on Thursday May 21 that are worth another look.

The recently opened anti-dumping investigation into Turkish exports of hot-rolled coil to the EU fails to comply with the principles of the Customs Union and Free Trade Agreements between Turkey and the European Commission (EC), the Turkish Steel Producers’ Association (TCUD) told Fastmarkets on May 21.

Chinese stainless steel prices were mostly stable over the past week despite sluggish buying interest, sources told Fastmarkets on Wednesday May 20.

Copper stocks in London Metal Exchange-registered warehouses in Rotterdam have been steadily rising over May, indicating weak European copper consumption during a period of heightened economic uncertainty.

Hebei Steel, China’s second-largest steel mill, has finalized its purchase price for June-delivery silico-manganese at 7,400 yuan ($1,042) per tonne, market participants told Fastmarkets on May 21.

Spot payables for cobalt hydroxide continued to edge up in the first half of the week, which saw active inquiries and steady procurement from consumers.

What to read next
Fastmarkets will discontinue its lithium contract price assessments, effective October 2024.
The global decarbonization drive is turning electrical steel into one of China's key ferrous products, with electrical steel exports surging in recent years, sources told Fastmarkets
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.
China’s National Development and Reform Commission (NDRC) will work with relevant parties to regulate crude steel production, with a focus on energy saving and reducing carbon emissions. It will also release guidance on crude steel output for different steel mills later this year after a national investigation on steel capacity
The low-carbon aluminium differential in the US made its first move on Friday April 5 since Fastmarkets launched it five months ago.
Fastmarkets proposes to amend the specifications of five of its steel products assessments and billet index originating from the Black Sea basin.