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Metals Industry News

ASIAN MORNING BRIEF 15/08: LME base metals broadly lower; Escondida union delays strike; MJP aluminium stocks rise

Base Metals Market - Wed, 08/15/2018 - 00:05
The latest news and price moves to start the Asian day on Wednesday August 15.
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US secondary aluminium alloy prices unchanged

Base Metals Market - Tue, 08/14/2018 - 23:30
Secondary aluminium alloy prices in the United States are holding steady on the back of tight ingot capacity, despite continued declines in raw material costs.
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US physical copper market awaits September revival

Base Metals Market - Tue, 08/14/2018 - 23:19
The US physical copper market is marking time until an expected revival following the national Labor Day holiday on September 3.
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US Midwest aluminium premium stays put

Base Metals Market - Tue, 08/14/2018 - 23:15
The US Midwest aluminium premium has stayed stable to start the week, with market participants looking forward to annual contract negotiations - which typically start in earnest next month - while domestic spot activity remains quiet.
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WEEKLY BASE METAL PREMIUMS REPORT: 14/08

Base Metals Market - Tue, 08/14/2018 - 21:00
A summary of base metals premiums from across the globe for the week to Tuesday August 14.
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LIVE FUTURES REPORT 14/08: Dollar strength weighs on LME base metals; lead price falls 2.4%

Base Metals Market - Tue, 08/14/2018 - 18:42
Base metals prices on the London Metal Exchange were broadly lower at the close of trading on Tuesday August 14, under pressure from a continued surge in the US dollar index while a tendency toward risk-aversion continues to work its way through the commodities landscape.
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Century Zinc mine starts tailings operations

Base Metals Market - Tue, 08/14/2018 - 17:35
Australian zinc miner New Century Resources has started zinc concentrate production at its newly refurbished Century zinc mine.
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MJP aluminium stocks creep up another 1% in July vs June

Base Metals Market - Tue, 08/14/2018 - 16:18
Primary aluminium stocks at the three main Japanese ports (MJP) of Yokohama, Nagoya and Osaka rose 1.1% month on month in July, according to data from Marubeni Corp released on Tuesday August 14.
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LIVE FUTURES REPORT 14/08: Comex copper reverses gains

Base Metals Market - Tue, 08/14/2018 - 15:15
Comex copper prices once again traded in negative territory on August 14 morning in the US, with fears over the trade war and ongoing issues in Turkey weighing on the red metal.
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Nevsun rejects hostile bid from Lundin Mining

Base Metals Market - Tue, 08/14/2018 - 14:35
Nevsun Resources has rejected another hostile bid from the Lundin Mining Corporation, it announced on August 9.
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LME warehouse queues develop after fresh cancellations in July

Base Metals Market - Tue, 08/14/2018 - 12:28
Warehouse queues emerged at London Metal Exchange-listed sheds in July after a surge in cancellations last month, especially in the exchange's aluminium inventory, according to LME data.
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LME warehouse queues develop after fresh cancelations in July

Base Metals Market - Tue, 08/14/2018 - 12:28
Warehouse queues emerged at London Metal Exchange-listed sheds in July after a surge in cancelations last month, especially in the exchange's aluminium inventory, according to LME data.
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NORTH AMERICAN MORNING BRIEF 14/08: LME base metals consolidate lower; Tata Steel Indian steel outlook; US doubles Turkish tariff

Base Metals Market - Tue, 08/14/2018 - 12:00
The latest metal markets news and price moves to start the North American day on Tuesday August 14.
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SHFE vs LME physical arbitrage 14/08: Copper, aluminium, zinc, nickel

Base Metals Market - Tue, 08/14/2018 - 11:40
Arbitrage for copper, aluminium, zinc and nickel imported into China on Tuesday August 14*
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Korea Zinc affiliate's YP zinc smelter closed till Sept for environmental reasons, sources say [UPDATED]

Base Metals Market - Tue, 08/14/2018 - 11:25
The Sukpo zinc smelter in South Korea, which has links to major producer Korea Zinc, has been closed and will remain so until September for environmental reasons, a company source told Metal Bulletin.
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Korea Zinc affiliate's YP zinc smelter closed till Sept for environmental reasons - sources [UPDATED]

Base Metals Market - Tue, 08/14/2018 - 11:25
The Sukpo zinc smelter in South Korea, which has links to major producer Korea Zinc, has been closed and will remain so until September for environmental reasons, a company source told Metal Bulletin.
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LIVE FUTURES REPORT 14/08: LME base metals consolidate lower; zinc price falls on 10kt delivery

Base Metals Market - Tue, 08/14/2018 - 10:40
Base metals prices on the London Metal Exchange were broadly lower during morning trading on Tuesday August 14, pressured by weaker-than-expected economic data from China and heightened volatility across currency markets.
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METALS MORNING VIEW 14/08: Base metals prices consolidate near recent lows amid pause in selling

Base Metals Market - Tue, 08/14/2018 - 08:50
Three-month base metals prices on the London Metal Exchange consolidated higher from recent lows on the morning of Tuesday August 14 as relative calmness swept through the market to support a return of risk-on sentiment after the Turkish Lira stabilized at 6.8700 against the dollar earlier today.
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EUROPEAN MORNING BRIEF 14/08: SHFE base metals all down; South32 acquires Arizona Mining; global manganese wrap

Base Metals Market - Tue, 08/14/2018 - 06:00
Good morning from Metal Bulletin’s offices in Asia as we bring you the latest news and pricing stories on Tuesday August 14.
Categories: Metals Industry News

LIVE FUTURES REPORT 14/08: SHFE base metals prices fall on currency volatility

Base Metals Market - Tue, 08/14/2018 - 05:53
Base metals prices on the Shanghai Futures Exchange succumbed to pressure from a volatile currency market during morning trading on Tuesday August 14, with the fall of the Turkish lira against the US dollar negatively affecting market sentiment.
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