IN CASE YOU MISSED IT: 5 key stories from July 31

Here are five Fastmarkets MB stories you might have missed on Wednesday July 31 that are worth another look.

A fundamental industry that has always been a primary facilitator of global trade, shipping aims to be at the forefront of digital technology. This report explores initiatives at the Dutch Port of Rotterdam - Europe’s largest port by cargo tonnage - and how those connect with global trade.

India’s Directorate General of Trade Remedies has denied carrying out investigations that could result in safeguard duties being imposed on steel product imports into the country.

Japanese copper smelters have signed supply contracts for copper concentrate with treatment and refining charges of $68 per tonne/6.8 cents per lb, seven informed sources confirmed to Fastmarkets.

Dramatic inflows of lead stock into London Metal Exchange warehouses this week have challenged the market notion of physical tightness following a suspension at Nyrstar’s Port Pirie smelter, which has been cited as the key driver of a recent surge in the lead price.

Metinvest chief executive officer Yuriy Ryzhenkov discusses the challenges the company has overcome and the strategies for its future prosperity.

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Green shoots of increased demand will emerge in US ferrous markets courtesy of the Biden administration’s trillion-dollar infrastructure package in 2023, Schnitzer’s executive vice president and chief strategy officer Richard Peach said at Fastmarkets’ Steel and Scrap Conference 2023 in Dallas, Texas
US special bar quality steel prices rose in January in line with rising scrap and alloy costs, according to market participants
European metal industry association Eurometaux has called on the European Commission to follow the lead shown by the Inflation Reduction Act and deliver a “powerful” policy to support the industry in the EU while it tries to keep up with the move to a new generation of energy markets
The fallout from Russia’s invasion of Ukraine is changing global trade flows for bauxite, with Brazilian material once again flowing into China and with the introduction of export restrictions elsewhere likely to influence availability through 2023
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