IN CASE YOU MISSED IT: 5 key stories from April 8

Here are five Fastmarkets stories you might have missed on Wednesday April 8 that are worth another look.

World trade will fall by more this year than during the downturn brought on by the global financial crisis of 2008-09 as the impacts of the Covid-19 pandemic are felt.

The fate of the steel world continues to hang in the balance: Numerous scrapyards have stopped operations, blast furnaces around the world have stopped and aggressive offers by traders for Russian and Indian supply have pushed prices down further.

Chinese-Australian miner MMG has declared force majeure at its major copper project Las Bambas after Peru extended its national state of emergency, Fastmarkets learned.

French mining and metals group Eramet will put on hold the construction of its Argentinian lithium production plant for an indefinite period due to the economic uncertainty sparked by the Covid-19 pandemic.

Citic Metal, the exclusive sales agent in China for ferro-niobium from Companhia Brasileira de Metalurgia e Mineração, has set its quarterly price for the April-June period at 205,000-225,000 yuan ($29,035-31,867) per tonne, market sources told Fastmarkets.

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Brazil's aluminium industry is further enhancing its sustainability by boosting renewable energy use and recycling, while mitigating risk from high-carbon imports
German copper producer Aurubis is among the least likely to consider reducing capacity despite record low treatment charges (TCs), according to its chief executive officer
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.
The process to place the smaller and less efficient of the two processing plants at Los Bronces on care and maintenance is expected to be completed by mid-2024 and comes as the company pushes value over volume, the chief executive officer of Anglo American Chile said