IN CASE YOU MISSED IT: 5 key stories from January 27

Here are five Fastmarkets MB stories you might have missed on Monday January 27 that are worth another look.

The Section 232 tariffs on steel and aluminium imports into the United States will be applied to select downstream steel and aluminium products, President Donald Trump announced late on Friday January 24.

The discount for copper scrap imported into China has narrowed in January with the level expected to remain flat until the scrap renaming policy takes effect in July.

Greek authorities will liquidate majority-state-owned multi-metal miner Larco, one of Europe’s largest ferro-nickel producers, before selling off assets to investors, the country’s energy minister Kostis Hatzidakis said on January 27.

UG2 chrome ore prices cif China were steady in the week ended Friday January 24, with trading activity stalled during the Chinese new year holiday, which has been extended to February 2 amid health concerns over the spread of a coronavirus infection.

Vital Materials’ purchase of 3,609 tonnes of indium removes the last of the minor metal supplies once held in the now defunct Fanya Metal Exchange, which enables the company to lock in several years of indium supplies from its own “surface mine” and at low prices by historical standards.

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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