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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Germany-based copper recycling and non-ferrous metal provider Aurubis has started commissioning their secondary smelter in Augusta, Georgia, and could eventually introduce black mass recycling to the facility
Base metals on the London Metal Exchange were mixed in morning trading on Monday June 10, with three-month prices lacking direction amid thin traded volumes due a public holiday in China, the largest market for base metals
Copper concentrate treatment and refining charges have repeatedly fallen to record-low levels over the first five months of 2024
The publication of Fastmarkets’ assessments for the nickel briquette premium, delivered Midwest US and the nickel 4x4 cathode premium, delivered Midwest US for June 4 were delayed because of incorrect methodology application.
Trading in the spot copper concentrate market in Asia was sluggish in the week to Friday May 31, with smelters not actively looking for spot units, sources said
To reach the International Energy Agency’s (IEA) net zero by 2050 goals, the North American aluminium industry needs around $60 billion in private and public investment, according to a May 29 report by the Aluminum Association and the environmental consulting firm ICF