IN CASE YOU MISSED IT: 5 key stories from October 22

Here are five Fastmarkets MB stories you might have missed on Tuesday October 22 that are worth another look.

Anglo American has raised the 2019 iron ore production guidance for its Minas Rio operations in Brazil while maintaining the one for its Kumba operations in South Africa.

Europe’s largest copper producer, Aurubis, has announced its annual copper cathode premium for 2020 at $96 per tonne, unchanged from last year’s level, the company confirmed to Fastmarkets on October 22.

Chinese vanadium exporters continued to lower offers amid minimal buying interest abroad, while European and US ferro-vanadium prices continued to suffer from lackluster consumer interest.

Around 15,000-30,000 tonnes of nickel cathode has been transferred from the Shanghai bonded zone to London Metal Exchange-registered warehouses in Southeast Asia since September amid attempts by market participants to avoid incurring steeper losses by importing the metal into China against prevailing discounts, sources told Fastmarkets.

The Chinese domestic silico-manganese price continued to fall during the week ended Friday October 18 on abundant alloy supply and declining ore prices.

What to read next
Global physical copper cathodes premiums were mixed in the week to Tuesday April 15, with US market moving down, Europe rising and Asia holding largely steady.
How much Canadian aluminium is being diverted from the US to Europe, when will it arrive and what impact will it have on premiums? The market appears to be split, but that could all change at the end of June, sources told Fastmarkets in the week to Thursday April 17.
Tariffs are creating a short-term period of volatility, but are not shifting conviction on the long-term fundamentals of the copper market, the chief executive officer of Rio Tinto Copper has said
Producers of copper appear to be adopting the public mantra of “keep calm and carry on” while trade tensions escalate. But this belies an underlying mood of concern that not just they, but the wider industry, has assumed
How tariffs, economic uncertainty and innovation are shaping the future of US copper production
Read special correspondent Andrea Hotter's coverage from CESCO Week 2025 and learn more about the growing demand for copper