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LIVE FUTURES REPORT 15/01: Base metals rally on weakening dollar; zinc price sets fresh multi-year high

Mon, 01/15/2018 - 10:55
Base metal prices on the London Metal Exchange were all higher during morning trading on Monday January 15, reflecting a further weakening in the dollar.
Categories: Metals Industry News

SHFE vs LME physical arbitrage 15/01: Copper, aluminium, zinc, nickel

Mon, 01/15/2018 - 09:05
Arbitrage for copper, aluminium, zinc and nickel imported into China on Monday January 15*
Categories: Metals Industry News

METALS MORNING VIEW 15/01: Strong start to the week across most of the metals

Mon, 01/15/2018 - 08:50
Base metals prices on the London Metal Exchange are stronger across the board this morning, Monday January 15, with the complex up by an average of 1.2%. Copper ($7,248 per tonne) and nickel ($12,905 per tonne) lead the advance with rises of 1.9%, while tin lags behind with a 0.1% gain to $20,300 per tonne.
Categories: Metals Industry News

EUROPEAN MORNING BRIEF 15/01: Most SHFE base metals prices weaker; Sherritt raises Ambatovy nickel, cobalt guidance; ABI smelter lockout pressures US Midwest Ali premium

Mon, 01/15/2018 - 04:15
Good morning from Metal Bulletin’s office in Shanghai, as we bring you the latest news and pricing stories on Monday January 15.
Categories: Metals Industry News

LIVE FUTURES REPORT 15/01: Most SHFE base metals prices weaker; aluminium, nickel buck trend

Mon, 01/15/2018 - 03:50
Base metals prices on the Shanghai Futures Exchange were mostly lower during Asian morning trading on Monday January 15 after consolidation set in following last week’s gains, with only aluminium and nickel prices moving higher so far in the morning.
Categories: Metals Industry News

ALUMINIUM FOUNDRY ROUND-UP: US foundry premium off to a quiet start; Europe premiums inch up amid bullish expectations

Fri, 01/12/2018 - 20:59
Aluminium spot foundry alloys premiums were steady in the United States and slightly higher in Europe, with both markets bullish about the year ahead.
Categories: Metals Industry News

ALUMINIUM FOUNDRY REPORT 12/01

Fri, 01/12/2018 - 19:02
Aluminium foundry alloy tags inched up slightly in Europe this week but stayed flat in the United States. Market participants presented varying pictures of demand around the globe - it was said to be good in general but stronger for heavier vehicles, particularly in the US.
Categories: Metals Industry News

Nexans buys Denmark’s wind turbine cable kit maker to tap into new energy sector

Fri, 01/12/2018 - 17:59
Major cable maker Nexans has acquired a Denmark-based wind turbine cable kit provider to tap into the expanding wind power sector, the company said on Thursday January 11.
Categories: Metals Industry News

Cumbo Nacheli joins PGS warehouse firm

Fri, 01/12/2018 - 17:51
Marco Cumbo Nacheli has joined warehousing company Pacorini Global Services (PGS) where he will have responsibility for corporate business development, he told Metal Bulletin on Friday January 12.
Categories: Metals Industry News

LIVE FUTURES REPORT 12/01: LME ali prices close week on a high; other base metals consolidate

Fri, 01/12/2018 - 17:35
Base metals prices on the London Metal Exchange closed the week on divergent paths today, Friday January 12, with aluminium leading the upside.
Categories: Metals Industry News

China’s 2017 copper imports down slightly to 4.69 mln t

Fri, 01/12/2018 - 15:05
China, the world’s largest copper consuming country, imported 4.69 million tonnes of unwrought copper in 2017, down 5.7% from a year ago, according to the latest customs data.
Categories: Metals Industry News

Glencore’s Pasar copper smelter halts output - sources [UPDATED]

Fri, 01/12/2018 - 12:39
Operations at Glencore’s Pasar copper smelter in Philippines have been suspended since last week due to a technical failure, a source at the company confirmed to Metal Bulletin on Friday January 12.
Categories: Metals Industry News

Chinese aluminium exports up 4.5% in 2017 vs 2016; higher average value rises

Fri, 01/12/2018 - 12:03
China exported 4.79 million tonnes of unwrought aluminium and aluminium products in the whole of 2017, up 4.5% on a yearly basis, according to preliminary Chinese customs data released on Friday January 12.
Categories: Metals Industry News

LIVE FUTURES REPORT 12/01: LME base metals push higher; zinc hits highest since August 2007

Fri, 01/12/2018 - 11:12
Base metals prices on the London Metal Exchange were mostly higher during morning trading on Friday January 12, with zinc continuing to edge higher.
Categories: Metals Industry News

LIVE FUTURES REPORT 12/01: SHFE nickel stocks climb 17.3% w-o-w; tin inventories edge lower

Fri, 01/12/2018 - 10:45
Deliverable nickel stocks at the Shanghai Futures Exchange-approved warehouses remained in an upward trajectory over the past week due to tax policy changes implemented at the start of the year.
Categories: Metals Industry News

Japan annual 6063 aluminium billet premiums settle at $140-150/t

Fri, 01/12/2018 - 09:45
Annual 6063 billet premiums in Japan have largely settled in a range of $140-150 per tonne cif main Japanese ports for 2018, market sources told Metal Bulletin.
Categories: Metals Industry News

SHFE vs LME physical arbitrage 12/01: Copper, aluminium, zinc, nickel

Fri, 01/12/2018 - 09:30
Arbitrage for copper, aluminium, zinc and nickel imported into China on Friday January 12*
Categories: Metals Industry News

METALS MORNING VIEW 12/01: LME metals prices look well placed to advance

Fri, 01/12/2018 - 09:00
Base metals prices on the London Metal Exchange are generally higher this morning, Friday January 12, with prices fairly uniformly up between 0.5% and 0.6% - apart from tin prices that are down 0.1% at $20,159 per tonne. Three-month copper prices are up by 0.5% at $7,167 per tonne and zinc prices have been as high as $3,405 per tonne, which is a fresh multi-year high.
Categories: Metals Industry News

EUROPEAN MORNING BRIEF 12/01: SHFE nickel prices fall in line with LME; union members locked out of ABI aluminium smelter; China scrap import regulations

Fri, 01/12/2018 - 05:30
Good morning from Metal Bulletin’s office in Singapore, as we bring you the latest news and pricing stories on Friday January 12.
Categories: Metals Industry News

LIVE FUTURES REPORT 12/01: Most SHFE base metals prices weaken; nickel leads the retreat

Fri, 01/12/2018 - 04:50
Nickel prices on the Shanghai Futures Exchange retreated during Asian morning trading on Friday January 12, in line with the weaker prices seen on the London Metal Exchange overnight, after selling emerged amid concerns that prices had run too high too soon.
Categories: Metals Industry News

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