IN CASE YOU MISSED IT: 5 key stories from June 3

Here are five Fastmarkets stories you might have missed on Wednesday June 3 that are worth another look.

Mills in India and Pakistan have returned to the market for bulk scrap and have booked cargoes from the United States over the past few days, sources told Fastmarkets on June 3.

Primary aluminium stocks at the three main Japanese ports (MJP) of Osaka, Nagoya and Yokohama rose by 4% month on month at the end of April 2020, according to data released by major Japanese trading house Marubeni Corp.

An earthquake with a magnitude of 6.8 has hit the Antofagasta region of Northern Chile, which is home to a cluster of major copper mines, Fastmarkets understands.

The government of South Africa has eased the country’s lockdown, yet the continued threat of Covid-19 will dampen the recovery in chrome and manganese ore supply.

The United States Department of Commerce has launched an investigation under Section 232 into whether the current inflow of vanadium imports threatens to impair national security.

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European copper demand, particularly for wire rod, remains strong and seems to be outpacing broader macro-economic growth in the region, the chief executive officer of German producer Aurubis has said.
The process to place the smaller and less efficient of the two processing plants at Los Bronces on care and maintenance is expected to be completed by mid-2024 and comes as the company pushes value over volume, the chief executive officer of Anglo American Chile said
The near-term prospects for Chinese copper smelting capacity amid near-zero treatment charges (TCs) will, to a certain extent, depend on plants’ exposure to spot TCs, the chief executive officer of Rio Tinto’s copper division said on Tuesday, April 16
It will be very difficult for many Chinese copper smelters to compete with treatment and refining charges (TC/RCs) at record lows, according to the chairman of Chile’s state-owned copper producer Codelco