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Metals Industry News

EUROPEAN MORNING BRIEF 25/09: Restocking activity supports China FeSi prices; OFAC move said to signal Rusal deal; Tuticorin smelter closure supported by committee

Base Metals Market - 1 hour 16 min ago
Good morning from Metal Bulletin’s offices in Asia as we bring you the latest news and pricing stories on Tuesday September 25.
Categories: Metals Industry News

LIVE FUTURES REPORT 25/09: Most SHFE base metals prices weaken on trade tensions; Cu, Ni buck trend

Base Metals Market - 1 hour 36 min ago
Base metals prices on the Shanghai Futures Exchange were broadly weaker during Asian morning trading on Tuesday September 25, with participants taking a cautious approach to trading following the recent escalation in trade tensions between China and the United States.
Categories: Metals Industry News

LIVE FUTURES REPORT 24/09: LME zinc price firm, nickel prices suffer; new US-Sino tariffs dent sentiment

Base Metals Market - Mon, 09/24/2018 - 17:50
The prices of base metals on the London Metal Exchange were predominantly lower at the close of trading on Monday September 24, broadly capped by weakening investor sentiment amid another round of US-imposed tariffs on approximately $200 billion worth of Chinese goods.
Categories: Metals Industry News

PRICING NOTICE: Shanghai bonded copper stock assessment delayed for national holiday

Base Metals Market - Mon, 09/24/2018 - 16:15
Metal Bulletin's Shanghai bonded copper stock assessment, scheduled for Monday September 24, 2018, will be published on Tuesday due to a Chinese national holiday today.
Categories: Metals Industry News

LIVE FUTURES REPORT 25/09: Comex copper hits 3-day rally to open week

Base Metals Market - Mon, 09/24/2018 - 15:35
Comex copper prices maintained Friday's surge during morning trading on September 24 in the US, with a softer dollar supporting the red metal amid ongoing concerns of a long-term trade war between the US and China.
Categories: Metals Industry News

Tuticorin investigation panel says majority of reps support copper smelter closure

Base Metals Market - Mon, 09/24/2018 - 14:48
An investigation committee deciding the fate of the 400,000 tonne per year Tuticorin copper smelter said the majority of representatives supported its closure, according to local media reports on Sunday September 23.
Categories: Metals Industry News

PEOPLE MOVES: ICBC appoints Adam Brake, Evan Richards to aid base metals trading

Base Metals Market - Mon, 09/24/2018 - 13:50
ICBC Standard Bank has appointed Adam Brake and Evan Richards to the base metals team to develop the base metals trading arm of the bank, ICBC said in a release on Monday September 24.
Categories: Metals Industry News

NORTH AMERICAN MORNING BRIEF 24/09: Kyen founder leaves company; cobalt makes steady gains; APT prices recover

Base Metals Market - Mon, 09/24/2018 - 12:00
The latest metal markets news and price moves to start the North American day on Monday September 24.
Categories: Metals Industry News

NORTH AMERICAN MORNING BREIF 24/09: Kyen founder leaves company; Cobalt makes steady gains; APT prices recover

Base Metals Market - Mon, 09/24/2018 - 12:00
The latest metal markets news and price moves to start the North American day on Monday September 24.
Categories: Metals Industry News

LIVE FUTURES REPORT 24/09: Dollar strength, US-China tariffs weigh on LME base metals prices; zinc climbs on 13,000t cancelation

Base Metals Market - Mon, 09/24/2018 - 10:59
Base metals prices on the London Metal Exchange were mostly lower during morning trading on Monday September 24, capped by the US administration’s imposition of further tariffs on $200 billion worth of Chinese goods.
Categories: Metals Industry News

UPDATE 1: Kyen Resources founder Victor Kuo splits with parent Feima over ‘difficulties’

Base Metals Market - Mon, 09/24/2018 - 10:30
[Updating with additional detail on Kyen Resources expansion, Shenzhen Feima difficulties, context of Chinese ownership of physical metals traders]
Categories: Metals Industry News

NEWSBREAK: Kyen Resources founder Victor Kuo departs with parent Feima over ‘difficulties’

Base Metals Market - Mon, 09/24/2018 - 09:33
Kyen Resources founder and managing director Victor Kuo has left the Singapore-based trading house, sources with knowledge of the matter told Metal Bulletin.
Categories: Metals Industry News

METALS MORNING VIEW 24/09: Metals prices shake off early weakness

Base Metals Market - Mon, 09/24/2018 - 08:50
Three-month base metals prices on the London Metal Exchange were initially unchanged to weaker on the morning of Monday September 24, with prices down by an average of 0.5%. Trading had been quiet with Chinese and Japanese markets closed for holidays, but prices firmed after European trading picked up.
Categories: Metals Industry News

EUROPEAN MORNING BRIEF 24/09: Heightened trade tensions sink LME base metals; US extends Rusal deadline; Europe ali scrap prices dragged lower

Base Metals Market - Mon, 09/24/2018 - 06:30
Good morning from Metal Bulletin’s offices in Asia as we bring you the latest news and pricing stories on Monday September 24.
Categories: Metals Industry News

LIVE FUTURES REPORT 24/09: LME base metals prices pressured by US-China trade tensions; Chinese markets closed

Base Metals Market - Mon, 09/24/2018 - 06:10
Three-month base metals prices on the London Metal Exchange were down across the board during early trading on Monday September 24, with a ratcheting up of global trade tensions sapping the positivity seen in the market last week.
Categories: Metals Industry News

Rusal deadline extended to November 12

Base Metals Market - Fri, 09/21/2018 - 23:59
The US Treasury Department has extended the deadline for companies to wind down operations and contracts with UC Rusal from October 23 to November 12.
Categories: Metals Industry News

Antofagasta set to begin molybdenum extraction at Minera Centinela

Base Metals Market - Fri, 09/21/2018 - 20:22
Copper mining group Antofagasta Minerals will start to extract molybdenum at its Centinela Mine in Chile from next year, with production ramping up to 2.000 tonnes in 2019, the company announced earlier this month.
Categories: Metals Industry News

Global aluminium scrap overhang pushes European market into freefall

Base Metals Market - Fri, 09/21/2018 - 18:16
Aluminium scrap prices in Europe fell to their lowest in several years , with a supply overhang continuing to batter the market.
Categories: Metals Industry News

BATTERY RAW MATERIALS MARKET REPORT 21/09: Lithium carbonate prices hit again by thin buying, cheap producer offers

Base Metals Market - Fri, 09/21/2018 - 18:14
An overview of the battery raw materials markets and their price moves from the past week.
Categories: Metals Industry News

BATTERY RAW MATERIALS MARKET REPORT 21/09: Lithium carbonate priceshit again by thin buying, cheap producer offers

Base Metals Market - Fri, 09/21/2018 - 18:14
An overview of the battery raw materials markets and their price moves from the past week.
Categories: Metals Industry News

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