IN CASE YOU MISSED IT: 5 key stories from September 18

Here are five Fastmarkets MB stories you might have missed on Wednesday September 18 that are worth another look.

The global nickel supply deficit will shrink in 2020 despite the implementation of the latest Indonesian ore export ban, according to Denis Sharypin, head of commodity market research for Russian multi-metal miner Nornickel.

The London Metal Exchange will give members incentives to trade cash-settled futures contracts as well as those for precious and ferrous metals.

South African manganese miner Kalagadi Manganese has signed a 3 billion rand ($203.8 million) five-year contract with Transnet for the transportation of 3 million tonnes per year of sinter manganese for export, both parties said on Monday September 16.

The Chinese copper premium cif Shanghai was lower in the week to Tuesday September 17 due to a closed arbitrage window and lackluster physical demand ahead of the week-long October National Day holiday, while low demand and continued high inventory kept the European market unchanged for the 14th consecutive week.

Market sources expected that domestic prices for hot-rolled coil (HRC) in Europe will continue to decline due to persisting poor demand and mounting pressure from reductions in import offer prices, sources told Fastmarkets on September 18.

What to read next
Fastmarkets invited feedback from the industry on the pricing methodology for cobalt hydroxide, min 30% Co, inferred, China, $lb, via an open consultation process between May 4 and June 1, 2023. This consultation was done as part of our published annual methodology review process.
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Fastmarkets has decided to proceed with the launch of a new European low carbon ferro-chrome price covering material with lower chrome content.
Fastmarkets invites feedback on a proposal to increase the publication frequency of non-exchange-deliverable equivalent-grade (EQ) copper cathode premium, cif Shanghai, from once every two weeks to once every week.
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Fastmarkets is inviting feedback on a change of publishing time for our ferro-chrome price in the Chinese domestic market as well as ferro-chrome import prices in Japan and South Korea, to 5-6pm Shanghai time from 2-3pm London time.
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