You are here

Metals Industry News

NEWSBREAK: LME to prepare new warehouse discussion paper rolling back reform regime, sources say

Base Metals Market - Mon, 10/08/2018 - 03:00
A new London Metal Exchange warehousing discussion paper that will consider the possibility of rolling back some of the exchange’s reforms is to be prepared and taken to the market in the next few months, people familiar with the situation told Fastmarkets MB.
Categories: Metals Industry News

Hydro to restart Alunorte at 50% capacity after Brazil reverses technology embargo

Base Metals Market - Mon, 10/08/2018 - 02:10
Norsk Hydro will restart alumina production at its Alunorte facility after Brazil's environmental ministry reversed an earlier decision and will now allow the company to utilize new technology to profitably process bauxite residues at the unit, it said on Saturday October 6.
Categories: Metals Industry News

BATTERY RAW MATERIALS MARKET REPORT 05/10: Cobalt prices back to parity on broken cathode, briquette tightness

Base Metals Market - Fri, 10/05/2018 - 21:56
An overview of the battery raw materials markets and their price moves from the past week.
Categories: Metals Industry News

LME issues position paper on responsible sourcing requirements; tin emerges as key commodity in focus

Base Metals Market - Fri, 10/05/2018 - 21:48
The London Metal Exchange has released a position paper outlining specific requirements for its responsible sourcing initiative, with the exchange’s tin contract emerging as a key focal point across its base metals products, it said in a note to members on Friday October 5.
Categories: Metals Industry News

LIVE FUTURES REPORT 05/10: LME aluminium price steps back from highs but still ends strongly

Base Metals Market - Fri, 10/05/2018 - 18:15
Base metals on the London Metal Exchange were mostly higher at the close of trading on Friday October 5 - the three-month aluminium price ended the week up by 2.2%, reflecting the full closure at Norsk Hydro’s Alunorte alumina refinery in Brazil.
Categories: Metals Industry News

Ian Hannam’s Centar makes deals to develop Afghan copper-gold projects

Base Metals Market - Fri, 10/05/2018 - 16:49
Centar Ltd, the mining company founded by former JP Morgan mining dealmaker Ian Hannam, will sign deals with the government of Afghanistan to develop copper and gold deposits there, it said on Friday October 5.
Categories: Metals Industry News

LIVE FUTURES REPORT 05/10: Comex copper ends week on lower note

Base Metals Market - Fri, 10/05/2018 - 16:46
Comex copper prices inched down on Friday morning in the United States despite a weaker dollar and positive jobs data.
Categories: Metals Industry News

LME WEEK 2018: The tools to trade

Base Metals Market - Fri, 10/05/2018 - 15:04
In a world of razor-thin margins and fierce competition, there is unprecedented pressure to make better decisions faster.
Categories: Metals Industry News

Nizi taps non-ferrous raw materials trading in Africa, team expands quickly

Base Metals Market - Fri, 10/05/2018 - 14:47
Luxembourg-based metal trader Nizi International has expanded its metals raw materials business further by recruiting another new member to oversee its African affairs.
Categories: Metals Industry News

LME could delist brands not compliant with responsible sourcing principles

Base Metals Market - Fri, 10/05/2018 - 13:44
The London Metal Exchange would have the right to name and shame, suspend or possibly even delist brands that fail to comply with its new proposed responsible sourcing principles, according to a position paper it published on Friday October 5.
Categories: Metals Industry News

NORTH AMERICAN MORNING BRIEF 05/10: LME ali price pushes higher; YDD Corp to push Kazakhstan ferro-silicon op; Hebei Steel cuts silico-manganese purchase

Base Metals Market - Fri, 10/05/2018 - 12:50
The latest metal markets news and price moves to start the North American day on Friday October 5.
Categories: Metals Industry News

NEWSBREAK: Larco ferronickel production halved after storm lashes Greece

Base Metals Market - Fri, 10/05/2018 - 12:45
Larco has been forced to halve its ferro-nickel production after damages caused by flooding after the ravaging passage of storm Zorba last weekend in Greece, a company official told Fastmarkets.
Categories: Metals Industry News

US authorities may get oversight, investigative powers on aluminium pricing [UPDATE]

Base Metals Market - Fri, 10/05/2018 - 10:55
US regulators may get powers to conduct oversight and investigate price-reporting and price-setting entities in the aluminium markets if recently introduced legislation becomes law.
Categories: Metals Industry News

LIVE FUTURES REPORT 05/10: LME Al price continues climb on market tightness; other base metals hit by stronger dollar

Base Metals Market - Fri, 10/05/2018 - 10:35
Base metals prices on the London Metal Exchange were mostly lower during morning trading on Friday October 5, with aluminium bucking the trend.
Categories: Metals Industry News

EUROPEAN MORNING BRIEF 05/10: LME base metals prices mixed; alumina market braces for year-end volatility; Concorde to supply Century with alumina

Base Metals Market - Fri, 10/05/2018 - 05:20
Good morning from Fastmarkets MB’s offices in Asia as we bring you the latest news and pricing stories on Friday October 5.
Categories: Metals Industry News

LIVE FUTURES REPORT 05/10: LME base metals prices mixed amid dollar strength, tight fundamental backdrop

Base Metals Market - Fri, 10/05/2018 - 05:00
Three-month base metals prices on the London Metal Exchange were mixed during early trading on Friday October 5, with a barrage of strong economic data from the United States as well as hawkish rhetoric from the US Federal Reserve continuing to prop up the dollar and limiting any upside moves in the metals’ prices.
Categories: Metals Industry News

LIVE FUTURES REPORT 04/10: LME aluminium price rally simmers amid ‘price correction’; nickel falls 2%

Base Metals Market - Thu, 10/04/2018 - 19:08
The prices of base metals on the London Metal Exchange were mostly lower at the close of trading on Thursday October 4, with the three-month aluminium price closing 1.6% lower amid headwinds from a strong US dollar index.
Categories: Metals Industry News

Alunorte suspension news reverses alumina index dip; market wary of Brazil gvt next moves

Base Metals Market - Thu, 10/04/2018 - 16:40
Participants in the alumina industry are bracing themselves for a turbulent end to the year following Hydro’s announcement that it will suspend 100% of operations at its Alunorte facility.
Categories: Metals Industry News

LIVE FUTURES REPORT 04/10: Comex copper price reaches 3-day rally on dollar softness

Base Metals Market - Thu, 10/04/2018 - 15:54
The Comex copper price was trading at a multi-week high in the US morning on Thursday October 4, amid falling stocks and a weaker dollar.
Categories: Metals Industry News

NORTH AMERICAN MORNING BRIEF 04/10: LME aluminium continues uptrend; iron ore, coking coal indices flat

Base Metals Market - Thu, 10/04/2018 - 12:20
The latest metal markets news and price moves to start the North American day on Thursday October 4.
Categories: Metals Industry News

Pages

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