IN CASE YOU MISSED IT: 5 key stories from October 17

Here are five Fastmarkets MB stories you might have missed on Thursday October 17 that are worth another look.

Alcoa has launched a multi-year review of its aluminium portfolio, placing roughly half of its global smelting capacity under scrutiny for potential curtailment or closure, the company said in an earnings call with investors on Wednesday October 16.

Stronger demand from the energy sector and additional government spending on infrastructure will provide a boost to steel plate prices in Asia next year, a source close to a leading Japanese steelmaker told Fastmarkets this week.

China’s top copper smelters have agreed to raise the price floor for fourth-quarter treatment and refining charges (TC/RCs) by 20% from the prior quarter, sources familiar with the matter told Fastmarkets on October 17.

The nickel 4×4 cathode premium in the Dutch port of Rotterdam softened on Tuesday October 15, while other rates around the world were steady.

South32 increased manganese ore production by 10% quarter on quarter in the three months to September 30, the miner announced on October 17.

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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.