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Metals Industry News

LIVE FUTURES REPORT 03/12: SHFE base metals rally on Trump-Xi meeting at G20 Summit

Base Metals Market - Mon, 12/03/2018 - 04:42
All base metals prices on the Shanghai Futures Exchange moved higher during Asian morning trading on Monday December 3, benefiting from the positive sentiment after the agreement by Chinese President Xi Jinping and US President Donald Trump to find a solution to the trade war between the two nations at the Group of Twenty (20) summit in Argentina over the weekend.
Categories: Metals Industry News

CME’s Rotterdam DP Al premium open interest at all-time high

Base Metals Market - Fri, 11/30/2018 - 18:57
Open interest in the CME's aluminium European duty-paid premium contract hit an all-time high the end of November, boosted by efforts to lock in premiums given wide forward spreads.
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LIVE FUTURES REPORT 30/11: Zinc leads base metals in Friday's close, up 2.9%

Base Metals Market - Fri, 11/30/2018 - 18:10
Base metals prices on the London Metal Exchange closed higher on Friday November 30, with zinc, lead and nickel the best performers of the day.
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BATTERY RAW MATERIALS MARKET REPORT 30/11: Cobalt price falls gain pace on year-end sales pressure

Base Metals Market - Fri, 11/30/2018 - 17:15
An overview of the battery raw materials markets and their price moves from the past week.
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LIVE FUTURES REPORT 30/11: Comex copper price dips ahead of G20 meeting

Base Metals Market - Fri, 11/30/2018 - 15:30
Comex copper prices experienced further weakness ahead of world leaders converging in Argentina for the Group of Twenty (G20) meeting this weekend.
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MMG concludes sale of Sepon copper mine to Chifeng Jilong

Base Metals Market - Fri, 11/30/2018 - 15:03
Australian-Chinese miner MMG Ltd has completed the sale of its Sepon copper gold mine to China's Chifeng Jilong Gold Mining for $275 million, the company said on Friday November 30.
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Codelco's copper output, earnings fall in Jan-Sept

Base Metals Market - Fri, 11/30/2018 - 14:44
Codelco’s copper production and earnings fell in the first nine months of 2018, the Chilean state-owned copper producer said.
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Codelco's copper output, earnings fall in January-September

Base Metals Market - Fri, 11/30/2018 - 14:44
Codelco’s copper production and earnings fell in the first nine months of 2018, the Chilean state-owned copper producer said.
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NORTH AMERICAN MORNING BRIEF 30/11: SHFE zinc stocks hit 9-year low; Asian ferrous scrap prices on downtrend

Base Metals Market - Fri, 11/30/2018 - 12:05
The latest metal markets news and price moves to start the North American day on Friday November 30.
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LIVE FUTURES REPORT 30/11: LME base metals prices broadly firmer in morning trading, market focus on G20 summit

Base Metals Market - Fri, 11/30/2018 - 11:53
Most base metals prices ticked higher in morning trading on the London Metal Exchange on Friday November 30, with lead the best performer of the morning.
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SHFE STOCKS REPORT 30/11: Zinc stocks hit fresh 9-year low on positive consumption outlook

Base Metals Market - Fri, 11/30/2018 - 10:44
Base metal stocks on the Shanghai Futures Exchange were broadly lower week on week on Friday November 30, with zinc stocks hitting a fresh nine-year low.
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SHFE vs LME physical arbitrage 30/11: Copper, aluminium, zinc, nickel

Base Metals Market - Fri, 11/30/2018 - 09:59
Arbitrage for copper, aluminium, zinc and nickel imported into China on Friday November 30*
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METALS MORNING VIEW 30/11: Base metals prices firm despite disappointing China data

Base Metals Market - Fri, 11/30/2018 - 08:51
Three-month base metals prices on the London Metal Exchange were firm on the morning of Friday November 30 despite the release of weaker-than-expected economic data from China earlier in the day.
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EUROPEAN MORNING BRIEF 30/11: SHFE base metals prices broadly consolidate; Q1 MJP Al talks start at $91/t; Hydro hopes to return Alunorte ops to full capacity

Base Metals Market - Fri, 11/30/2018 - 05:10
Good morning from Fastmarkets MB’s offices in Asia as we bring you the latest news and pricing stories on Friday November 30.
Categories: Metals Industry News

LIVE FUTURES REPORT 30/11: Weak Chinese economic data caps SHFE base metals; strength in nickel continues

Base Metals Market - Fri, 11/30/2018 - 04:50
Base metals prices on the Shanghai Futures Exchange broadly consolidated during Asian morning trading on Friday November 30, with the market focused on the upcoming Group of Twenty (G20) summit in Argentina – where US President Donald Trump and his Chinese counterpart Xi Jinping are due to meet.
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Aluminium prices will face downside pressure, Novelis says

Base Metals Market - Thu, 11/29/2018 - 23:42
Aluminium prices should trade downward going forward once China’s demand expectations sour, Novelis’ South American chief operating officer Francisco Pires told Fastmarkets on Tuesday November 27.
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China’s refined tin production to fall nearly 30% in Q4 on lack of Myanmar concentrate - ITA

Base Metals Market - Thu, 11/29/2018 - 21:14
China’s refined tin production is set to fall by 29% year on year in the fourth quarter, mostly due to a lack of concentrate from Myanmar, the International Tin Association (ITA) said in a note on Thursday November 29.
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Hydro eager to return Alunorte to full capacity for alumina

Base Metals Market - Thu, 11/29/2018 - 20:35
The timeframe remains uncertain for a return to 100% capacity operations at the Alunorte alumina refinery in Brazil, owner Norsk Hydro said at its Capital Markets Day in London on Thursday November 29.
Categories: Metals Industry News

LIVE FUTURES REPORT 29/11: LME base metals make price gains on rise in oil futures

Base Metals Market - Thu, 11/29/2018 - 18:15
Base metal prices on the London Metal Exchange made gains on Thursday November 29, following a rise in crude oil futures, but market sentiment remained uncertain with commodities facing macro-economic headwinds.
Categories: Metals Industry News

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