You are here

Metals Industry News

Global aluminium production declines 3% in September [CORRECTED]

Base Metals Market - Mon, 10/21/2019 - 14:59
Estimated global primary aluminium production fell by 3.2% month on month in September 2019, according to figures published by the International Aluminium Institute (IAI) on Monday October 21.
Categories: Metals Industry News

Global aluminium production declines 3% in September

Base Metals Market - Mon, 10/21/2019 - 14:59
Estimated global primary aluminium production fell by 3.2% month on month in September 2019, according to figures published by the International Aluminium Institute (IAI) on Monday October 21.
Categories: Metals Industry News

PRICING NOTICE: Delayed publication of 6063 extrusion billet premium Japan

Base Metals Market - Mon, 10/21/2019 - 14:17
The publication of Fastmarkets’ quarterly aluminium 6063 extrusion quarterly billet premium, cif main Japanese ports (MJP) was delayed on October 18 due to a reporter error.
Categories: Metals Industry News

Escondida copper union calls on all miners to ‘paralyze’ mining industry in Chile

Base Metals Market - Mon, 10/21/2019 - 13:19
Unionised workers at Escondida, the world's largest copper mine, have threatened strike action, and have called on miners across Chile to ‘paralyze’ the mining industry, after a state of emergency was declared at the weekend.
Categories: Metals Industry News

LIVE FUTURES REPORT 21/10: LME zinc price nears $2,500/t in continued uptrend; fresh cancelations boost complex

Base Metals Market - Mon, 10/21/2019 - 10:22
The zinc price was nearing $2,500 per tonne on the upside in morning trading on Monday October 21 on the London Metal Exchange, with stock drawdowns boosting prices across the base metals.
Categories: Metals Industry News

Nickel deficit sustained, contrary to recent market moves

Base Metals Market - Mon, 10/21/2019 - 07:35
The global nickel market remained in the deficit in the first eight months of this year, with apparent demand exceeding production by 77,100 tonnes, according to figures released by the World Bureau of Metal Statistics (WBMS) last week.
Categories: Metals Industry News

LIVE FUTURES REPORT 21/10: SHFE base metals prices mixed; Cu up 1.2% despite fresh inflows

Base Metals Market - Mon, 10/21/2019 - 05:45
Base metals prices on the Shanghai Futures Exchange were mixed during the morning trading session on Monday October 21, with a rebound in the dollar exerting some downward pressure on the complex.
Categories: Metals Industry News

BATTERY RAW MATERIALS MARKET REPORT 18/10: Chinese cobalt metal prices stabilize amid rebounding futures market

Base Metals Market - Mon, 10/21/2019 - 04:20
An overview of the battery raw materials markets and their latest price moves.
Categories: Metals Industry News

IN CASE YOU MISSED IT: 5 key stories from October 18

Base Metals Market - Mon, 10/21/2019 - 00:05
Here are five Fastmarkets MB stories you might have missed on Friday October 18 that are worth another look.
Categories: Metals Industry News

Copper concentrate TC/RCs rise in October despite mine supply fears

Base Metals Market - Fri, 10/18/2019 - 17:59
An increase in copper concentrate treatment and refining charges (TC/RCs) so far this month reflects a drop in the number of spot deals ahead of annual contract negotiations that are set to start during the annual London Metal Exchange Week gathering.
Categories: Metals Industry News

LIVE FUTURES REPORT 18/10: LME copper price climbs 1.1% tin price tumbles

Base Metals Market - Fri, 10/18/2019 - 17:45
Three-month prices of base metals traded on the London Metal Exchange, with the exception of tin and lead, were buoyed by a weaker US dollar to close up at the afternoon kerb on Friday October 18.
Categories: Metals Industry News

ALUMINA ROUND-UP: High liquidity supports fob Australia price around $277/t

Base Metals Market - Fri, 10/18/2019 - 16:00
The alumina price on a fob Australia basis has stabilized just below $280 per tonne in the week ending Friday October 18, after a flurry of deals over the past week.
Categories: Metals Industry News

SHFE STOCKS REPORT 18/10: Lead inventories surge 25.2% on rising supply, weakening demand

Base Metals Market - Fri, 10/18/2019 - 14:52
Base metal stock movements in Shanghai Futures Exchange-approved warehouses were mixed in the week to Friday October 18, with lead stocks gaining the most in percentage terms, followed by copper while aluminium and zinc inventories fell marginally.
Categories: Metals Industry News

China greenlights more copper scrap imports in fifth round of quotas

Base Metals Market - Fri, 10/18/2019 - 10:23
China has approved a fifth round of copper scrap import quotas to allow an additional 57,365 tonnes of copper scrap into the country by the end of this year, the environment ministry said on Friday October 18.
Categories: Metals Industry News

LIVE FUTURES REPORT 18/10: LME copper price subdued despite outflows, fresh cancelations

Base Metals Market - Fri, 10/18/2019 - 10:00
The London Metal Exchange three-month copper price was subdued during the morning trading session on Friday October 18 despite significant outflows and a large fresh cancelation of material.
Categories: Metals Industry News

LIVE FUTURES REPORT 18/10: SHFE tin price outperforms while others drift upward; nickel flat

Base Metals Market - Fri, 10/18/2019 - 05:05
Base metals prices on the Shanghai Futures Exchange were broadly up during the morning trading session on Friday October 18, after a possible Brexit deal and moderately bullish headlines on United States-China trade talks helped boost sentiment.
Categories: Metals Industry News

IN CASE YOU MISSED IT: 5 key stories from October 17

Base Metals Market - Fri, 10/18/2019 - 00:05
Here are five Fastmarkets MB stories you might have missed on Thursday October 17 that are worth another look.
Categories: Metals Industry News

Jiangxi Copper-backed investment firm raises stake in First Quantum

Base Metals Market - Thu, 10/17/2019 - 22:30
An investment firm backed by Jiangxi Copper increased its stake in First Quantum Minerals Ltd, which is in discussions on a possible investment by the Chinese producer in its Zambian assets.
Categories: Metals Industry News

BHP nickel output down 25% in Q3 2019, copper down 3%

Base Metals Market - Thu, 10/17/2019 - 18:55
Anglo-Australian miner BHP has recorded production declines in all base metals for the third quarter of 2019, with nickel and zinc outputs down by 25% and 33% quarter-on quarter respectively while copper production slipped by only 3% in the same comparison.
Categories: Metals Industry News

LIVE FUTURES REPORT 17/10: LME tin price climbs 1.6% on imminent Yunnan Tin Co smelter closure

Base Metals Market - Thu, 10/17/2019 - 17:54
The London Metal Exchange three-month tin price closed up $275 per tonne at $17,150 per tonne on Thursday October 17 on news that China’s Yunnan Tin Co will cease all smelting operations at its Ausmet plant in Gejiu, Yunnan province, on October 21.
Categories: Metals Industry News

Pages

Subscribe to Allied Metal Group aggregator - Metals Industry News
Site content copyright © The Allied Metal Group, Inc.