IN CASE YOU MISSED IT: 5 key stories from March 1

Here are five Fastmarkets MB stories you might have missed on Friday March 1 that are worth another look.

Copper-starved London Metal Exchange warehouses could receive a long-awaited influx of metal from an unexpected source, Fastmarkets has learned.

The LME has released its pricing procedures and methodologies for the scheduled release of its cash-settled futures contracts on March 11, highlighting methods in which the bourse will determine daily settlement prices.

Mining operations at Rusal’s 2.3-million-tonne-per-year Bauxite Co of Guyana Inc have been suspended for 14 days due to strike action, with no timeline for the return of workers.

Miners in the Democratic Republic of the Congo are starting to look at blockchain as a way to provide supply chain traceability in compliance with customer and regulatory requirements, Lance Hooper, chief operating officer of Canadian resource company Cobalt Blockchain, said.

Ahead of Fastmarkets’ Battery Materials 2019 conference in Shanghai, Fastmarkets looks at the use of lithium in next-generation vehicles and other battery uses as well as soaring prices, which have spurred interest in lithium and boosted its importance in recent years as a battery material.

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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