IN CASE YOU MISSED IT: 5 key stories from November 11

Here are five Fastmarkets MB stories you might have missed on Monday November 11 that are worth another look.

Chinese steelmaker Hebei Jingye Group has agreed to acquire British Steel, including its Scunthorpe steelworks and other assets, the UK government’s Official Receiver and the company’s administrator, EY, said on November 11.

Chilean copper production grew by 1.2% year on year in September, as higher output from state-owned Codelco offset a drop from Escondida and Collahuasi, the country’s copper commission, Cochilco, said on Thursday November 7.

Stagnant tin prices could be set to climb after a bridge collapsed on a key route to Alphamin Resources’ Bisie tin mine in the Democratic Republic of the Congo, Central Africa.

Syrah Resources has adopted a new, flexible approach to the flake graphite market following a dramatic year in which it began commercial production from its Balama facility in Mozambique and produced 137,000 tonnes in the first nine months.

Miner-smelter Nyrstar has begun the final stages of a planned restart to its Port Pirie lead smelter in Australia, with the first feed in its top submerged lance (TSL) furnace expected later this week, it said on November 11.

What to read next
The proposal would align the index more closely with physically traded volumes in the region, and enable it to adjust to evolving market conditions. This proposal follows an observed widening of the spread between trader and smelter purchase components of the index and is aligned with a majority of market feedback. Additionally, Fastmarkets seeks feedback […]
Until now, aluminium has been hard to move, not hard to find. Global aluminium supply had remained technically intact, even as output was curtailed in parts of the Gulf, inventory buffers were drawn down or repositioned, and shipping through the Strait of Hormuz was severely disrupted.
Global aluminium producers face heightened uncertainty over power supplies, with oil and gas prices elevated by the closure of the Strait of Hormuz, through which around 20% of global oil and liquefied natural gas (LNG) flows, sources told Fastmarkets.
Fastmarkets is extending the consultation period for the methodology of several of its black mass payables indicators and prices, and is also proposing changes to the names of CIF South Korea and EWX Europe black mass prices.
Rio Tinto Aluminium is expanding its footprint beyond its historic hydro-powered Canadian base, targeting Europe, Asia and Latin America as part of a deliberate diversification strategy, according to the unit’s chief executive officer.
Fastmarkets has corrected its copper concentrates treatment and refinement charge indices, which were published incorrectly on March 20 2026 due to a technical error.