Aluminium premium offers reported to Fastmarkets in the United States rose in some instances and fell in others in a contradictory, initial reaction to news of a possible US ban on aluminium imports from Russia that broke last week

Premiums for copper cathode imported into China surged during the week to Friday October 14, following the country’s National Day holidays, reaching its highest recorded level since Fastmarkets started tracking the market in 2015

Primary foundry alloy (PFA) premiums in the US and European aluminium markets moved down in the month to Friday, October 14, amid weak spot purchasing and despite the US considering a ban on Russian aluminium

The European aluminium market is preparing for further volatility with uncertainty building over the future availability of Russian aluminium supply, market participants told Fastmarkets on Thursday, October 13

German copper producer Aurubis is implementing a premium of $228 per tonne for 2023 for its European clients, the company said on Thursday October 13 in a memo to customers seen by Fastmarkets

Chilean state-owned copper producer Codelco has made a premium offer in the low- to mid-$230s per tonne to its key European clients for 2023 supply, sources have told Fastmarkets

Sustainable sourcing of metals is one of the most talked about issues for markets in 2022, dominating the discussion at conferences and in many markets entering their annual contract negotiation seasons. Copper is no different

Several aluminium premiums in Europe and the United States reverted to mid-2021 levels or earlier amid a general downtrend in the week to Tuesday, October 4.

Fastmarkets has discontinued the following converted price assessments:

The consultation, which is open until October 28, 2022, seeks to ensure that our audited methodologies and price specifications continue to reflect the physical markets for alumina, aluminium, cobalt, copper, lithium and manganese ore, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price specifications and publication frequency.