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Metals Industry News

LIVE FUTURES REPORT 17/11: Comex copper price nudges higher in Friday session

Base Metals Market - Fri, 11/17/2017 - 16:17
Comex copper prices recovered in the US morning on Friday November 17 following a bout of profit-taking, while the market is still expected to experience selling pressure moving forward.
Categories: Metals Industry News

NORTH AMERICAN MORNING BRIEF 17/11: Currency volatility in EU aluminium alloy market; American Copper Council; Noble reorganizes special ores, rare earths business

Base Metals Market - Fri, 11/17/2017 - 12:06
Key news and price moves to get you off to a good start during the North American morning on Friday November 17.
Categories: Metals Industry News

LIVE FUTURES REPORT 17/11: LME base metals rebound; nickel, copper leading higher

Base Metals Market - Fri, 11/17/2017 - 10:40
Base metals prices on the London Metal Exchange were higher across the board this morning, Friday November 17, while prices begin to recover from yesterday’s slump.
Categories: Metals Industry News

Noble Group reorganizes ores, metals business; starts liquidity talks with stakeholders

Base Metals Market - Fri, 11/17/2017 - 10:20
Noble Group is reorganizing its special ores and metals and rare earth businesses into two subsidiaries while it starts talks with various shareholders on its capital structure and liquidity position.
Categories: Metals Industry News

SHFE vs LME physical arbitrage 17/11: Copper, aluminium, zinc, nickel

Base Metals Market - Fri, 11/17/2017 - 09:33
Arbitrage for copper, aluminium, zinc and nickel imported into China on Friday November 17*
Categories: Metals Industry News

AMERICAN COPPER COUNCIL 2017: US freight, transportation in 'perfect storm', Ryder System says

Base Metals Market - Fri, 11/17/2017 - 09:30
The freight and transportation sectors in the United States are in the middle of a “perfect storm” that is creating persistent problems for road haulage, a senior representative of transportation and supply chain management firm Ryder System said.
Categories: Metals Industry News

LIVE FUTURES REPORT 17/11: SHFE copper stocks up for third consecutive week; Al continues to rise

Base Metals Market - Fri, 11/17/2017 - 09:10
Deliverable copper stocks at Shanghai Futures Exchange-approved warehouses have risen for a third consecutive week, increasing by 11.9% or 17,329 tonnes over the past week to 162,800 tonnes as of Friday November 17.
Categories: Metals Industry News

EUROPEAN MORNING BRIEF 17/11: SHFE base metals mostly weaker; copper market bullish for 2018; alumina prices under pressure

Base Metals Market - Fri, 11/17/2017 - 05:30
Good morning from Metal Bulletin’s offices in Shanghai, bringing the latest news and pricing stories on Friday November 17.
Categories: Metals Industry News

LIVE FUTURES REPORT 17/11: SHFE base metals mostly lower; nickel down on short-selling pressures

Base Metals Market - Fri, 11/17/2017 - 04:05
Base metals traded on the Shanghai Futures Exchange were mostly lower during Asian morning trading on Friday November 17, with nickel down amid short-selling pressures and profit-taking.
Categories: Metals Industry News

FORECAST: Easing tightness, shrinking reserves will support Chinese bauxite imports - BMI Research

Base Metals Market - Fri, 11/17/2017 - 03:30
Weaker prices for seaborne bauxite and depleting domestic reserves of the ore will support the continued strength of China’s bauxite imports in the long term, according to BMI Research.
Categories: Metals Industry News

Squeezed smelter margins put further pressure on alumina prices

Base Metals Market - Fri, 11/17/2017 - 01:45
Spot alumina prices continued to slide this week, with smelter margins still squeezed in the midst of falling aluminium prices.
Categories: Metals Industry News

LIVE FUTURES REPORT 16/11: LME base metals prices continue slump; tin bucks the trend

Base Metals Market - Fri, 11/17/2017 - 01:20
Base metals prices on the London Metal Exchange were mostly lower at the close on Thursday November 16, with tin the only base metal trading in positive territory.
Categories: Metals Industry News

Copper conc TCs/RCs dip on trader buying as market eyes annual talks; Tongling to lead smelters

Base Metals Market - Thu, 11/16/2017 - 17:36
Spot copper concentrate treatment and refining charges (TCs/RCs) dropped by 3.7% in the first half of November, as trade buying at lower levels outweighed smelter stockpiling in illiquid conditions.
Categories: Metals Industry News

FOCUS: ‘Rollercoaster’ November for nickel after unsustainable rally

Base Metals Market - Thu, 11/16/2017 - 16:45
Over November, nickel prices hit $13,000 per tonne before tumbling 16% in just two weeks when soaring sentiment over potential electric vehicle (EV) demand died down.
Categories: Metals Industry News

LIVE FUTURES REPORT 16/11: Copper stages modest bounce-back

Base Metals Market - Thu, 11/16/2017 - 15:12
Comex copper prices recovered from a five-week low on Thursday November 16 morning in the US, although the emerging pessimism is preventing a significant upturn.
Categories: Metals Industry News

China’s Oct refined zinc output hits record high while smelters operate near full capacity

Base Metals Market - Thu, 11/16/2017 - 14:05
China’s monthly refined zinc output reached a historic high in October while smelters were operating close to full capacity to cash in on the zinc price rally, an analyst said.
Categories: Metals Industry News

NORTH AMERICAN MORNING BRIEF 16/11: Tshipi mine sale cancelled; Lord Copper on nickel; ferrous scrap prices in Italy higher

Base Metals Market - Thu, 11/16/2017 - 12:25
Key news and price moves to get you off to a good start during the North American morning on Thursday November 16.
Categories: Metals Industry News

LIVE FUTURES REPORT 16/11: LME Al prices well supported; copper, nickel weaker again

Base Metals Market - Thu, 11/16/2017 - 10:54
Aluminium and tin were the only base metals prices on the London Metal Exchange in positive territory in the morning of Thursday November 16, with the rest of the complex continuing its downward trend.
Categories: Metals Industry News

LORD COPPER: Stocks need to drop for nickel to join cobalt in EV ride

Base Metals Market - Thu, 11/16/2017 - 10:08
Nickel prices trading on the London Metal Exchange were buoyed by optimism over electric vehicles during LME Week, but the industry needs to tackle the ever-present warehouse stockpiles before the lithium-ion battery raw material can mirror cobalt’s successes, Lord Copper argues.
Categories: Metals Industry News

SHFE vs LME physical arbitrage 16/11: Copper, aluminium, zinc, nickel

Base Metals Market - Thu, 11/16/2017 - 09:20
Arbitrage for copper, aluminium, zinc and nickel imported into China on Thursday November 16*.
Categories: Metals Industry News

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