IN CASE YOU MISSED IT: 5 key stories from October 2

Here are five Fastmarkets MB stories you might have missed on Wednesday October 2 that are worth another look.

Estimated arbitrage opportunities between Southeast Asian warehouses and the US Midwest were little changed in September, on a steady US aluminium market.

The US copper cathode premium fell to its lowest level since July 2018 due to weakened demand and United States-China trade war concerns in the week to Tuesday October 1, while sufficient stocks kept European market activity - and the premium - subdued.

A judge in the United Kingdom has ruled that broker Marex Spectron must pay up to $32 million in losses to French bank Natixis stemming from a case of forged warehouse receipts more than two years ago.

Spot activity for both zinc and lead remained minimal in the week to October 1, while premiums across other global markets were left unchanged.

Taiwan will defer the imposition of anti-dumping and countervailing duties on five Chinese steel and stainless steel products, the island’s customs administration said last week.

What to read next
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.
Fastmarkets is inviting feedback from the industry on its pricing methodology and product specifications for non-ferrous materials, as part of its announced annual methodology review process.
Fastmarkets wishes to clarify in this pricing notice its current methodological approach to Russian brands in its metals and mining pricing assessment process after Russia’s unprovoked invasion of Ukraine.
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