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

Here are five Fastmarkets MB stories you might have missed on Tuesday March 5 that are worth another look.

The United States Commerce Department launched a Section 232 investigation into titanium sponge imports on Monday March 4 after domestic producer Titanium Metals Corp (Timet) filed a petition in September.

Ferro-chrome prices are likely to be supported in the near to medium term by concerns over South Africa’s power constraints, market sources believe.

Fastmarkets will host a free web seminar on Monday March 18 at 10am London time, to introduce the new Fastmarkets-settled London Metal Exchange cash-settled alumina and aluminium premiums contracts.

The US spot copper premium, which has held at a four-year high since July 2018, could come under pressure from an anticipated influx of Chinese material, market participants told Fastmarkets AMM.

Domestic iron ore supply in China has limited capacity to ramp up after smaller and higher-cost miners exited the market over the past few years, a local miner said.

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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