IN CASE YOU MISSED IT: 5 key stories from October 8

Here are five Fastmarkets MB stories you might have missed on Tuesday October 8 that are worth another look.

The world’s largest copper producer, Codelco, has offered customers in Asia 2020 copper cathode supply with premium levels unchanged from current levels, three informed sources told Fastmarkets.

Export prices for Chinese cold-rolled coil and hot-dipped galvanized coil were unchanged during the week to October 8 due to Golden Week – the week-long holiday to mark the country’s 70th anniversary.

Poor demand continues to weigh on Indian silico-manganese prices.

The European vanadium market continued its downtrend last week amid continuous weak demand and good spot availability.

The Rotterdam in-warehouse premiums for nickel cathode and briquette have continued to decline in the week ending October 8.

What to read next
The influential annual treatment and refining charge (TC/RC) benchmark that sets the price that smelters charge miners to process their copper concentrate could be at risk, according to multiple market sources, although most believe the system, or elements of it, will remain
Fastmarkets' initial low-carbon premium for nickel briquettes captured existing regional price differences, with growing awareness and legislative incentives indicating there is potential for a strong market to emerge
The Chilean government is pushing ahead with plans for a new copper smelter despite the global smelting crisis, Chile’s minister of mining, Aurora Williams told Fastmarkets, adding that the state will also play a key role in developing the country’s premium lithium assets
Just under two weeks ago, the chair of BHP made a phone call to his counterpart at mining peer Anglo American and set in motion a flurry of activity designed to create the largest copper producer in the world
Brazilian aluminium supply coming from Companhia Brasileira de Alumínio (CBA) is said to have tightened, helping to boost the P1020A ingot premium, market participants told Fastmarkets in the two weeks to Wednesday April 24
In anticipation of a tight market, copper concentrate traders have locked in 2025 volumes at notably low treatment charges, with deals being placed well below the long-term industry benchmarks