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

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

European importers of long steel and hot-rolled coil have claimed that this week’s definitive decision in the EU steel imports safeguard case review ignored the interests of independent buyers and focused protection only on steelmakers, market sources told Fastmarkets on Wednesday July 1.

Chilean copper miner Antofagasta has agreed to supply major Chinese smelters Tongling Nonferrous and Jiangxi Copper with copper concentrates in the first half of 2021, Fastmarkets understands.

An accident interrupted operations at one of the coking coal mines operated in Poland by Jastrzebska Spólka Weglowa (JSW), the company said on July 2.

Hebei Steel, China’s second-largest steel mill, has finalized its purchase price for July-delivery silico-manganese at 6,500 yuan ($920) per tonne, market participants told Fastmarkets on July 2.

China imported more than double the volume of cobalt metal in May compared with the same period last year due to arbitrage opportunities, according to market sources.

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The most recent financial results published by base metals mining companies highlight just how inflation is affecting profit margins, with increasing wages, financing costs and input prices all hitting profits, sources told Fastmarkets in the week to Thursday March 28
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.