IN CASE YOU MISSED IT: 5 key stories from July 7

Here are five Fastmarkets stories you might have missed on Tuesday July 7 that are worth another look.

Protests on July 7 halted road freight transportation in South Africa.

Steel plate prices in the United States weakened after the segment was hit by persistently slow end markets, and some mills were willing to capitulate in deal-making to book tonnage in the final days of the second quarter.

China has issued its ninth round of scrap metal import quotas for 2020, approving considerably larger volumes than in previous rounds at a time of persisting uncertainty surrounding the country’s move to rename certain non-ferrous scrap metal as renewable materials.

First Quantum Minerals is to resume production at its Cobre Panama copper project after Panama’s government lifted its Covid-19 suspension of operations at the site.

Demand for ammonium paratungstate (APT) in Europe and the United States is still struggling to recover from the effects of Covid-19 but prices might be approaching a floor, market sources told Fastmarkets.

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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