IN CASE YOU MISSED IT: 5 key stories from November 14

Here are five Fastmarkets MB stories you might have missed on Thursday November 14 that are worth another look.

China’s annual scrap consumption could reach 330 million tonnes by 2030 and account for up to half of the country’s steel output, according to the China Association of Metal Scrap Utilization (Camu).

Copper miners and smelters look set to agree the lowest annual benchmark for concentrate in eight years, according to initial indications for 2020 contracts tabled by both sides.

While the ferro-alloys industry prepares to gather in Budapest for the annual International Ferro-alloys conference on November 17-19, Fastmarkets looks at the key price moves since last year’s conference.

Cobalt briquettes produced by the Ambatovy joint venture in Madagascar have been approved by the London Metal Exchange for delivery against its physically-settled cobalt contract.

China exported just 1.9 tonnes of unwrought indium in September compared with 23.6 tonnes in September 2018, according to the latest Chinese customs data.

What to read next
The publication of Fastmarkets’ price assessments of calcined alumina on Thursday October 3 were delayed due to a reporter error. Fastmarkets’ pricing database has been updated.
The publication of Fastmarkets’ India import aluminium scrap price assessments for Wednesday October 2 were delayed because of the Gandhi Jayanti public holiday in India. Fastmarkets’ pricing database has been updated.
Chilean copper producer Codelco has not yet concluded negotiations for its 2025 premium offer to European customers but remains optimistic that the recent stimulus in China will provide a further boost to demand, the company’s chairman told Fastmarkets.
The copper concentrates market was suffering from a dislocation that would probably lead to smelting cuts, the chairman of Chilean state-owned producer Codelco has said.
New mining frontiers were emerging but, ahead of the London Metal Exchange’s LME Week event, industry executives have warned of a supply squeeze, with regulatory hurdles and the costs of being ‘green’ hindering the production of copper and other critical minerals
German copper producer Aurubis is maintaining a premium of $228 per tonne FCA for 2025 for its European clients, Aurubis has confirmed to Fastmarkets.