Most of the import prices for flat-rolled steel products were stable
during the week ended October 11 in South America, because Chinese mills did not significantly change offers made before their Golden Week holiday, which ended on October 7.
Miners MMG and Citic Metal have declared force majeure on copper concentrate supply contracts
from the Las Bambas mine in Peru.
Weak spot demand for foundry alloy pushed the premium in the United States to a two-year low
and the premium in Germany to an all-time low on October 11.
China’s domestic spot battery-grade lithium carbonate prices held steady
this week after the Golden Week national holiday on October 1-7, and lithium hydroxide prices were also flat due to a lack of domestic buying.
Southwestern China’s Kunming Intermediate People’s Court will release cargoes of four minor metals
held by the collapsed Fanya Metal Exchange for auction, it said in a notice seen by Fastmarkets on October 11.