October 2021

IN CASE YOU MISSED IT: 5 key stories from October 27

Here are five Fastmarkets stories you might have missed on Wednesday October 27 that are worth another look.

BASE METAL WARRANTS 27/10

A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday October 27.

LIVE FUTURES 27/10: All base metals prices down on LME; aluminium, tin fall 5%

Base metals prices on the London Metal Exchange were down across the board at the 5pm close of trading on Wednesday October 27, following a further drop in coal prices and widespread selling.

Rusal Q3 sales fall but VAP sales share grows

Aluminium producer Rusal’s sales dipped by nearly 12% quarter-on-quarter to 915,000 tonnes in July-September 2021, according to its latest statement of operating results.

Chinese aluminium premiums down off 6-year high on subdued demand, closed arb

Prices for aluminium P1020A cargoes offered into China have come down from multi-year highs because of a marked decline in demand, an uncertain near-term outlook and the closure of the London-Shanghai arbitrage window, Fastmarkets heard on Wednesday October 27.

LIVE FUTURES 27/10: LME aluminium price down 3.3% in high volume

The three-month aluminium price on the London Metal Exchange was the underperformer during morning trading on Wednesday October 27, but all the base metals were weaker amid growing macroeconomic headwinds.

GLOBAL ALUMINIUM WRAP: Sell-off continues in Europe; premiums in US, Japan flat

Aluminium premiums in Europe continued to decline in the week ended Tuesday October 26, while premiums in the US Midwest and in Japan were stable. But demand has begun to waver across the globe.

IN CASE YOU MISSED IT: 5 key stories from October 26

Here are five Fastmarkets stories you might have missed on Tuesday October 26 that are worth another look.

Decarbonization will need inter-industry collaboration, IAI exec says

Decarbonization is too big a challenge for one single industry to tackle alone and will inevitably lead to collaborative efforts with other sectors, the deputy secretary general of the International Aluminium Institute has said.

Rio Tinto, Carbfix partner to capture carbon at ISAL aluminium smelter

Rio Tinto and Iceland-based carbon-capture company Carbfix will partner to implement a carbon-capturing storage facility at Rio Tinto’s ISAL Aluminium plant in Iceland, according to a statement published on Tuesday October 26.