IN CASE YOU MISSED IT: 5 key stories from March 13

Here are five Fastmarkets MB stories you might have missed on Wednesday March 13 that are worth another look.

Moves to enhance electronic trading on the London Metal Exchange are not a back-door attempt to close the ring, Europe’s last open outcry trading floor, the exchange’s chief executive officer said.

The Singapore Exchange has seen a “tremendous uptick” in iron ore futures trading activity due to supply concerns following the deadly breach at one of Vale’s tailings dams earlier this year.

Rusal’s aluminium shipments to the United States are unlikely to reach pre-sanction levels this year, but the Russian aluminium producer does plan an eventual return to those levels.

After the ferro-alloys industry gathered in Hong Kong this week for Fastmarkets’ Asian Ferro-alloys conference, our reporters presented 10 of the key things learned.

Further delays in Codelco’s restart of its Chuquicamata smelter and expectations that China will cut its value-added tax rate from May have prompted a small recovery in Chinese copper premiums, Fastmarkets has learned.

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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