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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.

October 3, 2019
By Generic people page
Base metals Copper

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
Incorrect publication of Shanghai copper premiums
The price assessments were not affected by the incorrect publication and the correct prices are showing on Dashboard. The price was published at 12.33pm London time instead of the scheduled time of 3-4pm. The following prices were published early:MB-CU-0405 Copper grade A cathode premium, in-whs Shanghai, $ per tonneMB-CU-0383 Copper grade A cathode ER premium, bonded in-whs […]
May 12, 2026
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Europe’s reliance on copper, aluminium imports exposed as security concerns overtake energy transition
On Wednesday May 6, a critical minerals panel at Commodities Trading Week in London said metals markets are shifting from an energy transition-led narrative toward security of supply, leaving Europe particularly exposed because of its reliance on imports.
May 12, 2026
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By Madeline Morgan
Canada unveils C$1.5 bln financing program to support US tariff-hit metals industry
The Canadian government announced on Tuesday May 4 a new financing program worth C$1.5 billion ($1.1 billion) to help mitigate the effect of US metals tariffs and support several of Canada’s tariffed industries.
May 11, 2026
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By Rijuta Dey
Fastmarkets clarifies inclusion of government-set benchmark pricing in Indonesia nickel ore assessment
Fastmarkets wishes to clarify that it accepts data submissions in outright price and as a differential to the Mineral Benchmark Price (HPM)-plus-premium for its Indonesian domestic trade nickel ore price assessments. Fastmarkets is also seeking market feedback on recent changes to the Indonesian government’s HPM specifications.
May 8, 2026
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By Fastmarkets pricing team
Glencore Q1: African copper cathode surges 68%, cobalt production falls 39% y-o-y
Own-sourced copper output from Glencore’s African copper assets — KCC and Mutanda in the Democratic Republic of Congo — surged by 68% year on year to 67,900 tonnes over the same period, while Glencore’s cobalt production fell by 39% year on year amid the DRC’s export quota system.
May 6, 2026
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By Sofia Okun
copper mine
Copper supply lags demand as permitting delays, lower grades, policy risks bite: FT Commodities Summit
Copper’s long-term outlook is constrained by the industry’s limited ability to bring new supply online fast enough to meet rising demand, with permitting delays, higher capital costs and policy risks slowing project development, industry executives said at the FT Commodities Global Summit on Wednesday April 22.
May 5, 2026
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By Eva Qi