IN CASE YOU MISSED IT: 5 key stories from May 27

Here are five Fastmarkets stories you might have missed on Wednesday May 27 that are worth another look.

The annual sitting of the National People’s Congress of the People’s Republic of China and the Chinese People’s Political Consultative Conference – widely known as the ‘twin sessions’ – in Beijing released a series of stimulus packages for the development of China’s economy amid the Covid-19 pandemic.

Turkey has told the World Trade Organization (WTO) that it is planning to impose import duties on certain steel products from the European Union.

Alvance Aluminium Group, GFG alliance’s global aluminium division, named Guillaume de Goÿs its new chief operating officer May 27.

The Antamina copper and zinc mine in Peru has resumed operations following its shutdown due to the Covid-19 pandemic, shareholder Teck Resources said.

China’s imports of manganese ore totaled 2.1 million tonnes in April, marking a drop of 15.97% from approximately 2.50 million tonnes in March, according to the latest official but unconfirmed data seen by Fastmarkets.

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Market reactions to the soon-to-be-implemented US copper tariff are driving short-term volatility and supply imbalances while fuelling long-term efforts to expand domestic production, recycling and infrastructure.
US export controls on recycled copper would have unintended consequences that could weaken the country’s domestic recycling and manufacturing ecosystems, the president of the Recycled Materials Association (ReMA) said.
The publication of Fastmarkets’ assessments for nickel 4x4 cathode, nickel briquette and nickel uncut cathode premiums in-whs Rotterdam was delayed on Tuesday July 16 because of a reporter error.
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The United States' copper recycling industry is ramping up pressure on policymakers to impose some form of export controls on high-purity copper scrap, arguing that current trade dynamics – particularly with China – are distorting prices, weakening domestic capacity and undermining national security goals.
Fastmarkets launched two new price assessments for Indonesia’s domestic trade in nickel ore on Tuesday July 15. The two price assessments are for domestic trades of Indonesian laterite ores with 1.6% and 1.2% nickel content. Indonesia now accounts for 60% of the global nickel supplies and while there is an official government reference price, known […]