February 2020

Alcoa gets ASI chain of custody certification as portfolio review continues

Alcoa Corp has been certified by the Aluminium Stewardship Initiative (ASI) to market products under ASI’s chain of custody standard.

IN CASE YOU MISSED IT: 5 key stories from February 19

Here are five Fastmarkets stories you might have missed on Wednesday February 19 that are worth another look.

Signs pointing up in US ferrous scrap export market

The United States' ferrous scrap export market to Turkey was quiet on Wednesday February 19, but signs from other countries suggest more upside ahead in cargo sales.

Stainless steel scrap prices flat in US

The stainless steel scrap market in the United States is flatlining, with few signs that it will gain strength anytime soon.

TITANIUM SNAPSHOT: Markets steady in quiet trading

Key data from Fastmarkets’ pricing session in Europe on Wednesday February 19.

Chinese buyers can apply for tariff exemptions on US copper, Al scrap imports from March

Chinese importers could be able to buy United States’ copper and aluminium scrap without the current 25% tariffs from July, China's Ministry of Finance Customs Department said in a notice on Tuesday February 18.

DAILY SCRAP REPORT: More cargoes for March shipments push prices up again

The Turkish steel mills have continued to book deep-sea scrap for March shipments at slightly higher prices, sources said on Wednesday February 19.

ICC Tribunal orders Sierra Leone to reinstate SL iron ore mining license

The International Chamber of Commerce has ordered the government of Sierra Leone to withdraw its restrictions on the mining of iron ore at the Marampa project by SL Mining, the company said in a press release dated Tuesday February 18.

China Copper locks in major concentrates deal with TCs in low $70s/t - sources

One of China's largest copper smelters has locked in a major deal for supply at a time of reduced demand due to a virus-led logistics lockdown in the country.

Chinese tungsten concentrate, APT prices supported by slow restart to production

Prices for tungsten concentrate and ammonium paratungstate (APT) in China will stay firm in the short term amid persistent supply tightness while the country’s producers gradually resume operations following the extended lunar new year break, market sources said on Wednesday February 19.