You are here

Base Metals Market

Subscribe to Base Metals Market feed
Updated: 1 hour 56 min ago

LIVE FUTURES REPORT 16/01: Comex copper price softens to mid-Dec low

Tue, 01/16/2018 - 15:55
Comex copper prices fell to a multi-week low on Tuesday January 16 with the market in consolidation mode following an extended holiday weekend in the United States.
Categories: Metals Industry News

MJP aluminium stocks rebound in December

Tue, 01/16/2018 - 12:58
Primary aluminium stocks at the three main Japanese ports (MJP) rebounded by 3% month on month in December, according to Marubeni Corp data released on Tuesday January 16.
Categories: Metals Industry News

Hongqiao to issue new shares for $800 mln; SHFE aluminium prices close lower

Tue, 01/16/2018 - 12:36
China Hongqiao, the world’s largest aluminium producer, will issue 650 million shares with a total value of about HK$6.2 billion ($800 million), it said in a filing to Hong Kong Exchanges & Clearing (HKEX) on Tuesday January 16.
Categories: Metals Industry News

NORTH AMERICAN MORNING BRIEF 16/01: LME base metals down; nickel falls after rally; seaborne iron ore market slides; Rio Tinto results

Tue, 01/16/2018 - 12:05
The latest metal markets news and price moves to start the North American day on Tuesday January 16.
Categories: Metals Industry News

Asia aluminium market wary of Chinese ‘fake coils’

Tue, 01/16/2018 - 11:26
Market participants in Asia are becoming increasingly concerned about possible supply pressures amid talks of more “fake” aluminium coils being exported out of China and sold in the region as substitutes for P1020 aluminium ingots.
Categories: Metals Industry News

Rio Tinto 2017 copper output down 9% y-o-y; output guidance unchanged

Tue, 01/16/2018 - 10:10
Rio Tinto reported a 9% lower mined copper production volume in 2017 compared with 2016, primarily due to the impact of a 43-day strike at the Escondida mine in the first quarter of last year.
Categories: Metals Industry News

LIVE FUTURES REPORT 16/01: LME base metals down; nickel falls 3.8% after unsustainable rally

Tue, 01/16/2018 - 10:00
London Metal Exchange base metals prices were weaker across the board during morning trading on Tuesday January 16, with nickel prices falling the most.
Categories: Metals Industry News

SHFE vs LME physical arbitrage 16/01: Copper, aluminium, zinc, nickel

Tue, 01/16/2018 - 09:31
Arbitrage for copper, aluminium, zinc and nickel imported into China on Tuesday January 16*
Categories: Metals Industry News

Rio Tinto’s bauxite output up 14% in Q4 vs last year, alumina production slightly lower

Tue, 01/16/2018 - 09:00
Rio Tinto’s bauxite output grew by 14% year on year to 13.8 million tonnes in the fourth quarter of 2017, boosted by strong performances at its Gove and Weipa operations, the company said on Tuesday January 16.
Categories: Metals Industry News

Copper TC/RCs edge higher after cargoes diverted to spot market, but tightness remains a concern

Tue, 01/16/2018 - 08:00
Spot copper concentrate treatment and refining charges (TC/RCs) inched higher in early January after several cargoes were released into the spot market due to disruptions at Asian smelters, but supply tightness remains a concern amid solid buying interest.
Categories: Metals Industry News

METALS MORNING VIEW 16/01: Base metals take a break

Tue, 01/16/2018 - 07:45
Base metals traded on the London Metal Exchange are edging lower this morning, Tuesday January 16, posting an average loss of 0.7% on subdued trading volumes. Nickel prices, down by 1.6%, are the weakest, while copper and tin prices, both down by 0.2%, are showing the most resilience.
Categories: Metals Industry News

Rio Tinto’s aluminium production falls 3% in Q4, 2018 guidance steady

Tue, 01/16/2018 - 06:38
Rio Tinto’s share of aluminium production fell 3% year on year and was flat quarter on quarter at 887,000 tonnes in the fourth quarter of 2017, the company announced on Tuesday January 16.
Categories: Metals Industry News

EUROPEAN MORNING BRIEF 16/01: Rio Tinto Q4 production results; Felipe Williams joins Sterlite Copper; European APT prices climb

Tue, 01/16/2018 - 05:15
Good morning from Metal Bulletin’s office in Shanghai, as we bring you the latest news and pricing stories on Tuesday January 16.
Categories: Metals Industry News

LIVE FUTURES REPORT 16/01: Most SHFE base metals prices weaker, except tin

Tue, 01/16/2018 - 04:45
Base metals prices on the Shanghai Futures Exchange were mostly lower during Asian morning trading on Tuesday January 16, with only tin prices in positive territory.
Categories: Metals Industry News

PEOPLE MOVES: Felipe Williams joins Sterlite Copper

Tue, 01/16/2018 - 02:45
Vedanta subsidiary Sterlite Copper has hired Felipe Williams as director of business development to be based in the Chilean capital of Santiago, Metal Bulletin understands.
Categories: Metals Industry News

RIO TINTO AT A GLANCE: Q4 production results

Tue, 01/16/2018 - 02:30
Summary of Rio Tinto's fourth-quarter production results for the three months ended December 31: (Rio Tinto share unless otherwise indicated, year-on-year change)
Categories: Metals Industry News

Largest copper, zinc mines unaffected after earthquake in southern Peru

Mon, 01/15/2018 - 17:55
Peru’s largest mining zinc and copper operations were unaffected by the strong earthquake that hit the country’s southern coast Sunday January 14.
Categories: Metals Industry News

LIVE FUTURES REPORT 15/01: LME copper price heads base metals rally on weaker dollar

Mon, 01/15/2018 - 17:44
Base metals prices on the London Metal Exchange continued their strong performance during Monday January 15 and closed in positive territory across the board.
Categories: Metals Industry News

China’s copper scrap restrictions could remove 500kt of copper from market – Jiangxi Copper

Mon, 01/15/2018 - 16:05
China’s restriction on copper scrap imports could remove up to 500,000 tonnes of copper equivalent from the market this year, Jiangxi Copper’s brokerage arm said on Saturday January 13.
Categories: Metals Industry News

NORTH AMERICAN MORNING BRIEF 15/01: Base metals rally on weak dollar; seaborne iron ore offers, bids diverge; Chinese chrome market strengthens

Mon, 01/15/2018 - 12:15
The latest metal markets news and price moves to start the North American day on Friday January 15.
Categories: Metals Industry News

Pages

Site content copyright © The Allied Metal Group, Inc.