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IN CASE YOU MISSED IT: 5 key stories from November 27

Here are five Fastmarkets MB stories you might have missed on Wednesday November 27 that are worth another look.

November 28, 2019
By Generic people page
Base metals Copper

Brazilian steelmaker Gerdau has agreed to buy 96.4% of Siderúrgica Latino-Americana (Silat) shares from Spanish group Hierros Añón for $110.8 million, in a shift from its divestment strategy of the past four years.

Shifting London Metal Exchange zinc and lead prices have dictated premiums this past week, overriding fundamental shortages from key suppliers.

Miner-trader Glencore suspended operations at its Mutanda copper-cobalt mine in the Democratic Republic of Congo (DRC) early this week – a month earlier than previously expected.

The London Metal Exchange’s cash-settled alumina futures contract, which is settled against a basket of prices that includes Fastmarkets’ index, has seen a flurry of activity on the January 2020 prompt date.

Nickel premiums have fallen in the United States over the past week on a year-end push for sales while rates in China are mixed and those in Europe are flat.

What to read next
Fastmarkets proposes changes to Asia copper concentrates index weighting, seeks feedback on normalization of gold and silver
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 […]
April 8, 2026
 · 
By Fastmarkets pricing team
Steel
Aluminium’s challenge now beyond moving the metal | Hotter Commodities
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.
April 2, 2026
 · 
By Andrea Hotter
Water, Waterfront, Port
Aluminium in energy crossfire as Hormuz uncertainty drags on
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.
April 1, 2026
 · 
By Madeline Morgan
Pricing Notice
Fastmarkets extends consultation on NCM/NCA black mass methodology, proposes changes to price names
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.
March 27, 2026
 · 
By Fastmarkets pricing team
Rio Tinto targets broader aluminium footprint, division CEO says
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.
March 24, 2026
 · 
By Andrea Hotter
Correction to copper concentrates treatment and refinement charges indices on March 20 2026
Fastmarkets has corrected its copper concentrates treatment and refinement charge indices, which were published incorrectly on March 20 2026 due to a technical error.
March 23, 2026
 · 
By Fastmarkets pricing team