IN CASE YOU MISSED IT: 5 key stories from October 2

Here are five Fastmarkets MB stories you might have missed on Wednesday October 2 that are worth another look.

Estimated arbitrage opportunities between Southeast Asian warehouses and the US Midwest were little changed in September, on a steady US aluminium market.

The US copper cathode premium fell to its lowest level since July 2018 due to weakened demand and United States-China trade war concerns in the week to Tuesday October 1, while sufficient stocks kept European market activity – and the premium – subdued.

A judge in the United Kingdom has ruled that broker Marex Spectron must pay up to $32 million in losses to French bank Natixis stemming from a case of forged warehouse receipts more than two years ago.

Spot activity for both zinc and lead remained minimal in the week to October 1, while premiums across other global markets were left unchanged.

Taiwan will defer the imposition of anti-dumping and countervailing duties on five Chinese steel and stainless steel products, the island’s customs administration said last week.

What to read next
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
This move aligns with global demands for sustainability in the mining sector and sets Nexa on a path toward achieving net zero emissions by 2050
Fastmarkets has corrected the pricing rationale for MB-AL-0302 aluminium 6063 extrusion billet premium, ddp North Germany (Ruhr region), $/tonne, which was published incorrectly on Friday April 19. No prices were corrected.