IN CASE YOU MISSED IT: 5 key stories from July 25

Here are five Fastmarkets MB stories you might have missed on Thursday July 25 that are worth another look.

The United States’ non-ferrous scrap export market was mixed through May, with year-to-date shipments of aluminium scrap rising while those of copper scrap fell versus the same period last year.

Even after US President Donald Trump reduced the Section 232 tariff applied to US imports of Turkish steel back to 25%, rebar shipments from that country are unlikely to make a splash in the US market, given declining domestic prices and ongoing geopolitical tensions, Fastmarkets understands.

Protests against the building of Southern Peru Copper Corp’s Tia Maria project are having a knock-on adverse effect on other copper miners in the region, which generates 9% of the world’s mined copper.

Eramet produced record half-year volumes of manganese ore and alloy in the first six months of 2019, the mining and metallurgical group said on Thursday July 25, adding that it was negatively affected by lower prices for manganese and nickel.

The London Metal Exchange has launched a consultation process on warehousing reforms that aims to attract higher stock levels, Matthew Chamberlain, the exchange’s chief executive officer, announced on July 25.

What to read next
A coalition of the world’s leading aluminium market participants is set to make the supply chain more sustainable, the International Aluminium Institute (IAI) said on Monday, March 27
The publication of Fastmarkets’ Shanghai ferro-nickel price assessment for Monday March 27 was delayed due to a reporter error during the data collection process.
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.
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