IN CASE YOU MISSED IT: 5 key stories from November 14

Here are five Fastmarkets MB stories you might have missed on Thursday November 14 that are worth another look.

China’s annual scrap consumption could reach 330 million tonnes by 2030 and account for up to half of the country’s steel output, according to the China Association of Metal Scrap Utilization (Camu).

Copper miners and smelters look set to agree the lowest annual benchmark for concentrate in eight years, according to initial indications for 2020 contracts tabled by both sides.

While the ferro-alloys industry prepares to gather in Budapest for the annual International Ferro-alloys conference on November 17-19, Fastmarkets looks at the key price moves since last year’s conference.

Cobalt briquettes produced by the Ambatovy joint venture in Madagascar have been approved by the London Metal Exchange for delivery against its physically-settled cobalt contract.

China exported just 1.9 tonnes of unwrought indium in September compared with 23.6 tonnes in September 2018, according to the latest Chinese customs data.

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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.