IN CASE YOU MISSED IT: 5 key stories from July 10

Here are five Fastmarkets MB stories you might have missed on Wednesday July 10 that are worth another look.

Bosnian aluminium smelter Aluminij Mostar has shut down after years of financial struggle.

Copper-zinc miner Hudbay has appointed former Nevsun chief executive officer Peter Kukielski to take over as its interim CEO after longstanding executive Alan Hair stepped down from the post.

In a rare move, Japan has started selling steel billet to Southeast Asia due to tumbling scrap prices in the country’s domestic market.

In China, the country’s central government has toned down its ambitious plan to ban all solid waste imports, including metal scrap, by the end of 2020 in its recently proposed revisions to the regulation on solid waste management. Additionally, China will allow another 5,550 tonnes of ferrous scrap to be imported in the second half of this year, according to a notice seen by Fastmarkets on Wednesday July 10, and announced a second round of copper scrap import quotas that will allow a select list of companies to import an additional 124,500 tonnes of red metal scrap during the same period.

Russia has initiated a dispute at the World Trade Organization against the United States’ anti-dumping duties on Russian hot-rolled coil products, according to notice from the WTO’s website dated July 9.

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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.