IN CASE YOU MISSED IT: 5 key stories from March 25

Here are five Fastmarkets MB stories you might have missed on Monday March 25 that are worth another look.

A motion to undo United States President Donald Trump’s blanket tariffs on imports of steel and aluminium has been denied, the US Court of International Trade (CIT) said in a ruling dated Monday March 25.

A ramp-up in Chinese zinc production is expected to accelerate in the second quarter of this year. This will be driven by the completion of upgrades at smelting facilities across the country and a surge in treatment charges amid a relatively oversupplied raw materials market, sources told Fastmarkets.

Vale’s Brucutu iron ore mine in Brazil will not resume normal operations as early as intended, the Brazilian miner said on Monday March 25.

China’s copper scrap imports dropped by 63% month on month in February and were half the level recorded in February 2018, Chinese customs data released on March 25 showed. 

Fastmarkets AMM hosted its 12th Steel Tube & Pipe Conference in Houston on March 20-21. Our reporters have summarized six key takeaways from the event.

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Following an initial consultation with the market, Fastmarkets is proposing to:  The new specifications would be as follows, with amendments in italics: MB-CU-0002 Copper grade 1 cathode premium, ddp Midwest US, US cents/lb Quality: Grade A 99.9935% min copper cathode conforming to LME specifications BS EN 1978:2022 – Cu-CATH-1 or Grade 1 Electrolytic Copper Cathode ATSM B1115-10 Quantity: Min […]
Fastmarkets’ 2025 outlook for key raw materials and ingredients used in the production and distribution of fast-moving consumer goods.
Vale Base Metals plans to boost annual copper production to 700,000 tonnes by 2035, aiming to become a top-five global producer of nickel and copper. CEO Shaun Usmar highlights a focus on productivity, cost optimization and sustainable growth. With strong assets in Canada and Brazil, Vale is well-positioned to meet rising global demand.
This strategic launch is designed to offer the market a single reference price denoting the differential between hot-rolled steel products and the key benchmark scrap and raw materials composite in the production of those grades. The methodology grades for these differentials are as follows: MB-STE-0928 Steel hot-rolled coil index, differential to No1 busheling Chicago, fob mill […]
Fastmarkets has corrected its fob Australia alumina index, which was published incorrectly on Monday June 2 and Tuesday June 3 due to a back-end calculation error. Fastmarkets has also corrected all the related inferred indices. On June 2 the following prices were published incorrectly: Fastmarkets’ MB-ALU-0002 Alumina index, fob Australia, was published in error as $375.59 per […]
Mexico’s strategic role in automotive nearshoring is fueling demand for recycled aluminium, with investment in scrap-intensive sectors boosting its non-ferrous secondary markets. Despite tariff uncertainties, USMCA compliance and EV production growth continue to attract global manufacturers.