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

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

The lockdowns imposed due to the Covid-19 pandemic were offering automotive manufacturers a rare opportunity to take a step back and to re-evaluate their long-term strategies, the chief executive officer of Eurasian Resources Group has said.

Italian long steel producer Alfa Acciai Group has resumed production this week following a month of downtime, sources told Fastmarkets on April 17.

United States-based Ball Corp has announced that the Science-based Targets Initiative (SBTi) has approved the company’s targets for the reduction of absolute carbon emissions in its own operations by 55%, and within its value chain by 16%, by 2030 against a 2017 baseline.

Tantalum prices have found support due to tightness of supply and concerns about obtaining material during the continued lockdowns in central African countries imposed to control the spread of the Covid-19 pandemic.

A one-month construction suspension at Teck Resources’ Quebrada Blanca 2 copper mine in Chile is expected to cost the company at least $75 million, a figure set to rise if further delays are incurred.

What to read next
Fastmarkets proposes to extend the shipment window of its alumina index inferred, fob Brazil, to allow for greater inclusion of reported liquidity, and to increase the frequency of publication to weekly.
Following a month-long consultation period, Fastmarkets has amended the methodology for the bi-weekly assessment of the aluminium P1020A main Japanese ports (MJP) spot premium, to include domestic tenders and deals from the Japanese market.
Fastmarkets proposes to discontinue its ferrous scrap consumer buying price for cast iron borings in Pittsburgh due to a lack of liquidity.
Fastmarkets is proposing a realignment of its consumer buying price for ferrous scrap No1 busheling in Cincinnati and Pittsburgh, effective from the May 2023 monthly settlement.
A drive by electric vehicle (EV) manufacturers to improve the affordability of their cars may upend an expectation by some market observers that future EV dominance of automotive production will sharply reduce demand for special bar quality (SBQ) steel
The publication of Fastmarkets’ US rebar prices took place earlier than scheduled on Wednesday March 22 due to a reviewer error.
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