Market participants disagreed over the cause of the long queues to withdraw aluminium from London Metal Exchange-registered warehouses at Port Klang in Malaysia, Fastmarkets heard on Thursday October 17

Copper concentrate treatment charges (TCs) are expected to remain low in 2025, with the market likely to remain tight, sources from across the industry told Fastmarkets.

Fastmarkets has launched two price assessments for aluminium extrusion scrap for the European domestic market.

The publication of Fastmarkets’ MB-AL-0343 Aluminium P1020A spot premium, cif main Japanese ports (MJP) assessment for October 9 was delayed because of a technical error. Fastmarkets’ pricing database has been updated.

The aluminium producer Hydro has been focusing its research and development (R&D) efforts in the US on increasing its recycling-based extrusion ingot production, Hydro Aluminium Metals USA president Duncan Pitchford told Fastmarkets.

Copper's versatile applications and robust demand shape a complex global market outlook for 2024, with stable prices in the US, a mild recovery in China, and weak conditions in Europe, while Q4 forecasts suggest upward price pressure.

Market participants shared insight into the market dynamics for copper, nickel, zinc, lead and tin during LME Week, which ran September 30-October 4

The Western world’s industrial strength is beginning to drop, but Jakob Stausholm, chief executive officer of Rio Tinto, said at a London Metal Exchange seminar that there was “plenty of demand to be unlocked from reindustrialization.”

Demand for zinc was expected to grow by 2030, despite the challenges facing both the supply and demand sides, Andrew Green, executive director of the International Zinc Association, said in an exclusive interview with Fastmarkets during LME Week in London

Fastmarkets is inviting feedback from the industry on its pricing methodology and product specifications for non-ferrous materials and industrial minerals, as part of its announced annual methodology review process.