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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The most recent financial results published by base metals mining companies highlight just how inflation is affecting profit margins, with increasing wages, financing costs and input prices all hitting profits, sources told Fastmarkets in the week to Thursday March 28
Century Aluminum is among those selected to start award negotiations for up to $500 million in Bipartisan Infrastructure Law and Inflation Reduction Act funding to build a new aluminium smelter, the company said on Monday March 25
Participants in the copper concentrates market are struggling to comprehend an “unstoppable” decline in treatment and refinement charges (TC/RCs), with every week bringing spot deals at fresh lows and rumors each “crazier” than the last, sources have told Fastmarkets
The US Department of Energy selected five base metals projects to receive more than $900 million in federal investment from its Industrial Demonstration Program (IDP), leading to a reduction of four million tonnes of carbon dioxide emissions annually, according to a statement by the Department on Monday March 25
Aluminium producer and recycler Constellium announced on Tuesday March 12 that the company is moving to test hydrogen utilization at an industrial scale as a power source in its casthouses
Fastmarkets has corrected its MB-ALU-0002 alumina index, fob Australia and its MB-ALU-0010 alumina inferred index, fob Brazil, which were published incorrectly on Monday March 18.