IN CASE YOU MISSED IT: 5 key stories from October 8

Here are five Fastmarkets MB stories you might have missed on Tuesday October 8 that are worth another look.

The world’s largest copper producer, Codelco, has offered customers in Asia 2020 copper cathode supply with premium levels unchanged from current levels, three informed sources told Fastmarkets.

Export prices for Chinese cold-rolled coil and hot-dipped galvanized coil were unchanged during the week to October 8 due to Golden Week – the week-long holiday to mark the country’s 70th anniversary.

Poor demand continues to weigh on Indian silico-manganese prices.

The European vanadium market continued its downtrend last week amid continuous weak demand and good spot availability.

The Rotterdam in-warehouse premiums for nickel cathode and briquette have continued to decline in the week ending October 8.

What to read next
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 […]
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.
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.
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.
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.
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.