Metals Industry News

Here are five Fastmarkets MB stories you might have missed on Monday January 27 that are worth another look.

A lack of information on the extended Section 232 tariffs that were announced by US President Donald Trump on Friday January 24 has made it difficult to predict the impact on the downstream steel and aluminium markets.

Base metals prices on the London Metal Exchange were significantly lower at the close of trading on Monday January 27, with the majority of three-month prices across the complex down by some 2% because of continued risk-aversion in commodity markets, with zinc futures leading the retreat to close at a six-week low.

Bank Muscat’s Nishant Bhavsar and Ajit Mauskar led Fastmarkets’ Apex 2019 leaderboard for base metals analysis with an accuracy rate of 97.93%.

Bank Muscat’s Nishant Bhavsar and Ajit Mauskar led Fastmarkets’ Apex 2019 leaderboard for base metals analysis with an accuracy rate of 97.93%.

The discount to the price of ferro-nickel in China has fallen to an all-time low amid building competition from Indonesian NPI supply and larger discounts assigned to quarterly contracts, Fastmarkets heard.

Greek authorities will liquidate majority-state-owned multi-metal miner Larco, one of Europe’s largest ferro-nickel producers, before selling off assets to investors, the country’s energy minister Kostis Hatzidakis said on Monday January 27.

The discount for copper scrap imported into China has narrowed in January with the level expected to remain flat until the scrap renaming policy takes effect in July.

The three-month nickel price on the London Metal Exchange was lower during morning trading on Monday January 27, with macro risk-off sentiment prompting a 2.5% decline, while zinc futures followed lower.

Here are five Fastmarkets MB stories you might have missed on Friday January 24 that are worth another look.

Lingering demand from Asia caused prices for some aluminium scrap grades in the United States to climb again this past week despite the Lunar New Year holiday, celebrated January 24-30.

The three-month price of nickel on the London Metal Exchange was lower at the close of trading on Friday January 24, losing more than 3% and sinking below nearby support to close at its lowest level in six months, while tin futures also struggled over the afternoon.

An overview of the battery raw materials markets and their price moves from the past week.

A summary of Buenaventura’s lead, zinc and copper production and sales volumes for the fourth quarter and full-year 2019, following the company's report released on Friday January 24.

Fastmarkets' copper concentrates TC/RC index dips while the market pivots to second-quarter buying and participants expect greater spot demand to build during that time.

The three-month nickel price on the London Metal Exchange was lower during morning trading on Friday January 24, with price action continuing its descent against consistent inflows, while copper futures found support back above nearby resistance.

Here are five Fastmarkets MB stories you might have missed on Thursday January 23 that are worth another look.

Exports of non-ferrous scrap from the United States increased by 3.7% in the first 11 months of last year, reaching more than 2.8 million short tons, with aluminium the only metal to register an increase during the period.

Hudbay Minerals has appointed Peter Kukielski the company’s president and chief executive officer, the copper-zinc miner said on Wednesday January 22.

Chilean state-run copper producer Codelco started production from the expansion to its El Teniente division on Thursday January 23, 10 months ahead of schedule, the company said on the day.