IN CASE YOU MISSED IT: 5 key stories from May 21

Here are five Fastmarkets MB stories you might have missed on Tuesday May 21 that are worth another look.

The United States’ removal of Section 232 tariffs on Mexican steel products is likely to underpin a slow recovery in Mexico’s ferrous scrap market, market participants said.

News that Hydro’s Alunorte alumina refinery will return to full capacity, after the production embargo was removed, did little to stop the recent increase in alumina prices

The Zambian government has filed an official document to the High Court to liquidate the assets of Konkola Copper Mines, which is majority owned by Vedanta Resources. 

Miner South32 is considering divesting its manganese alloy assets in Australia and South Africa due to “changes in market dynamics,” it said.

Steel trade unions in the United Kingdom have renewed their calls for the UK government and British Steel owner Greybull Capital to reach an agreement to save the troubled long steel producer.

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Freeport-McMoRan is in the process of ramping up its new copper smelter in Gresik, Indonesia, in a move that has seen the company switch away from being a marketer of concentrates as it becomes a fully integrated producer in the country, the company's chief executive officer Kathleen Quirk told Fastmarkets in an interview during the London Metal Exchange (LME) Week 2024.
Long-term demand trends in the copper sector may reduce cyclical price moves driven by short term factors impacting sentiment, Freeport-McMoRan's chief executive officer Kathleen Quirk told Fastmarkets in an interview during the London Metal Exchange (LME) Week 2024.
The publication of Fastmarkets’ price assessments of calcined alumina on Thursday October 3 were delayed due to a reporter error. Fastmarkets’ pricing database has been updated.
The publication of Fastmarkets’ India import aluminium scrap price assessments for Wednesday October 2 were delayed because of the Gandhi Jayanti public holiday in India. Fastmarkets’ pricing database has been updated.
Chilean copper producer Codelco has not yet concluded negotiations for its 2025 premium offer to European customers but remains optimistic that the recent stimulus in China will provide a further boost to demand, the company’s chairman told Fastmarkets.
The copper concentrates market was suffering from a dislocation that would probably lead to smelting cuts, the chairman of Chilean state-owned producer Codelco has said.