You are here

Metals Industry News

MORNING VIEW: Quiet start for base metals but expect volatility ahead of US-China trade talks

Base Metals Market - Mon, 10/07/2019 - 08:33
China is still on holiday this morning, Monday October 7, and quiet trading has resulted in fairly mixed prices across the metals and broader markets.
Categories: Metals Industry News

IN CASE YOU MISSED IT: 5 key stories from October 4

Base Metals Market - Sun, 10/06/2019 - 23:05
Here are five Fastmarkets MB stories you might have missed on Friday October 4 that are worth another look.
Categories: Metals Industry News

LIVE FUTURES REPORT 04/10: LME lead price sets 13-month high; nickel gathers momentum

Base Metals Market - Fri, 10/04/2019 - 18:38
The three-month price of lead on the London Metal Exchange was the standout performer at the close of trading on Friday October 4, settling at its highest level in 13 months despite low turnover, while nickel continued to trend higher over the afternoon.
Categories: Metals Industry News

BATTERY RAW MATERIALS MARKET REPORT 04/10: Cobalt hydroxide price jump on increased demand, tighter outlook

Base Metals Market - Fri, 10/04/2019 - 17:37
An overview of the battery raw materials markets and their latest price moves.
Categories: Metals Industry News

Vale expects to reach full capacity at Onça Puma nickel ops by July 2020

Base Metals Market - Fri, 10/04/2019 - 16:49
Brazilian mining company Vale expects to ramp up mine production at its Onça Puma nickel project in the northern state of Pará throughout the first half of 2020 and reach 100% capacity by July, it said in a presentation to analysts and investors on Wednesday October 2.
Categories: Metals Industry News

Return of tin mining to England's South Crofty

Base Metals Market - Fri, 10/04/2019 - 12:30
Canadian mining company Strongbow’s investment in the South Crofty tin mine in Cornwall – an internationally famous tin mine in the south-west of England, with a long heritage – is for the long term, reports Hassan Butt.
Categories: Metals Industry News

Copper conc TC/RCs hit 3-month high; miners table more spot offers

Base Metals Market - Fri, 10/04/2019 - 11:15
Spot terms for processing copper concentrates rose at an accelerated pace in the first week of October on improved concentrates availability, while smelters are well covered with contractual deliveries and miners are eager to sell more volumes via tender.
Categories: Metals Industry News

INTERVIEW: 'You need to accelerate your career by trying something new' - Chamberlain on becoming CEO

Base Metals Market - Fri, 10/04/2019 - 11:00
London Metal Exchange chief executive Matthew Chamberlain spoke to Metal Market Magazine editor Richard Barrett about how he almost missed the opportunity to advise Hong Kong Exchanges & Clearing on its acquisition of the bourse.
Categories: Metals Industry News

LME's plan for red flag assessments of listed brands will be 'positive' for the industry - Chamberlain

Base Metals Market - Fri, 10/04/2019 - 10:30
A very simplistic summary of the LME’s approach to responsible sourcing is that it uses the Organization for Economic Co-operation & Development (OECD) red flag scheme and a phased introduction of transparency, but Matthew Chamberlain is keen to explain the “two big philosophical pillars behind it.”
Categories: Metals Industry News

LME consulation process strikes 'the right balance' on open, controversial items, CEO says

Base Metals Market - Fri, 10/04/2019 - 10:15
A recurring theme throughout the multiple consultations undertaken on Matthew Chamberlain’s watch to make progress along the London Metal Exchange's strategic pathway has been a goal of creating fairness between different types of member and market user with differing goals and agendas of their own.
Categories: Metals Industry News

INTERVIEW: ‘We’ve become more ambitious as we look at new products’ - LME's Chamberlain

Base Metals Market - Fri, 10/04/2019 - 10:10
It has been a hectic couple of years for LME chief executive officer Matthew Chamberlain, his teams and members while the exchange works through the comprehensive list of plans and actions in its Strategic Pathway.
Categories: Metals Industry News

FOCUS: Chinese copper trends may drive 2020 premiums down

Base Metals Market - Fri, 10/04/2019 - 09:17
Chinese spot copper premiums hit 10-month highs in September, but market participants doubt the uptrend can last and expect a drop in the annual benchmark premium for 2020.
Categories: Metals Industry News

LIVE FUTURES REPORT 04/10: LME nickel edges higher amid fresh outflows; Cu subdued

Base Metals Market - Fri, 10/04/2019 - 09:15
The three-month nickel price on the London Metal Exchange was higher during morning trading on Friday October 4, with continued outflows and fresh cancelations in LME stocks buoying price action, while copper continues to drift below nearby resistance levels.
Categories: Metals Industry News

Steadily falling nickel stocks bullish sign for price direction - sources

Base Metals Market - Fri, 10/04/2019 - 09:07
Low refined nickel stocks and a looming ban on exports of nickel ore from Indonesia are two factors creating a bullish nickel market, according to participants at the seventh Asian Nickel Conference held in Jakarta in mid-September.
Categories: Metals Industry News

MORNING VIEW: Base metals mixed ahead of US employment report and next week’s trade talks

Base Metals Market - Fri, 10/04/2019 - 08:10
Weak data out of the United States, on top of generally weak data globally, is keeping most markets rangebound and the focus today will be on the US employment report.
Categories: Metals Industry News

North European nickel warrants fall by 50% amid backwardation pressure, high availability

Base Metals Market - Fri, 10/04/2019 - 08:00
The value of Northern Europe nickel warrant premiums halved in the week to Thursday October 3 amid volatility in the London Metal Exchange stocks and three-month prices, while unprecedented spread backwardations and regional material oversupply kept attitudes toward spot business resolutely bearish.
Categories: Metals Industry News

IN CASE YOU MISSED IT: 5 key stories from October 3

Base Metals Market - Thu, 10/03/2019 - 23:05
Here are five Fastmarkets MB stories you might have missed on Thursday October 3 that are worth another look.
Categories: Metals Industry News

LIVE FUTURES REPORT 03/10: LME lead price tops gains in 1.5% climb; copper holds below $5,700

Base Metals Market - Thu, 10/03/2019 - 16:58
The three-month lead price on the London Metal Exchange was higher at the close of trading on Thursday October 3, with the price closing above $2,100 per tonne amid thin volumes, while copper futures failed to test nearby resistance.
Categories: Metals Industry News

PEOPLE MOVES: Verbrugge International chief commercial officer to step down

Base Metals Market - Thu, 10/03/2019 - 12:48
Netherlands-based logistics service provider Verbrugge International’s chief commercial officer Anton Verburgge will leave his position at the start of next year, according to a notice released by the company on Monday September 30.
Categories: Metals Industry News

LIVE FUTURES REPORT 03/10: LME copper price consolidates despite 36kt inflow; nickel edges higher

Base Metals Market - Thu, 10/03/2019 - 09:57
The three-month copper price on the London Metal Exchange was little moved during morning trading on Thursday October 3, with price action predominantly unaffected by a fresh inflow of some 36,175 tonnes.
Categories: Metals Industry News

Pages

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