IN CASE YOU MISSED IT: 5 key stories from October 29

Here are five Fastmarkets MB stories you might have missed on Tuesday October 29 that are worth another look.

The decline in Asian hot-rolled coil prices has continued to apply downward pressure on slab prices in the region, sources told Fastmarkets.

The copper market is largely shrugging off the positive price effects of supply constraints and is focusing its attention on the negative consequences on growth of the trade wars, the chief executive officer of Freeport-McMoRan has said.

The London Metal Exchange announced this week that industry members will form a committee to represent the views and interests of lithium stakeholders while the exchange plans the launch of a lithium futures contract.

Indonesian officials said on October 29 that their country’s ban on the export of nickel ore will begin in January 2020, as previously scheduled, once a review of irregular ore exporting practices is concluded.

The European ferro-silicon market backtracked over the past week, erasing recent gains as demand in the region tailed off, while US and Chinese prices both held amid lackluster trading activity.

What to read next
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Germany-based copper recycling and non-ferrous metal provider Aurubis has started commissioning their secondary smelter in Augusta, Georgia, and could eventually introduce black mass recycling to the facility
Base metals on the London Metal Exchange were mixed in morning trading on Monday June 10, with three-month prices lacking direction amid thin traded volumes due a public holiday in China, the largest market for base metals
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The publication of Fastmarkets’ assessments for the nickel briquette premium, delivered Midwest US and the nickel 4x4 cathode premium, delivered Midwest US for June 4 were delayed because of incorrect methodology application.