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LIVE FUTURES REPORT 11/01: LME nickel prices drop 2%; zinc best performer

Thu, 01/11/2018 - 17:37
Base metals prices on the London Metal Exchange were mostly lower at the close on Thursday January 11, with nickel prices falling 2%.
Categories: Metals Industry News

Glencore’s Pasar copper smelter halts output due to acid leak - sources

Thu, 01/11/2018 - 15:25
Operations at Glencore’s Pasar copper smelter have been suspended since last week due to a leakage in the sulfuric acid plant, Metal Bulletin has learned.
Categories: Metals Industry News

LIVE FUTURES REPORT 11/01: Comex copper moves up in muted session

Thu, 01/11/2018 - 15:20
Comex copper prices inched higher Thursday January 11 morning in the US due to a weaker dollar in an overall shallow market.
Categories: Metals Industry News

China’s blister copper 2018 RCs up on expectations of growing imports to replace scrap

Thu, 01/11/2018 - 13:50
Annual refining charges (RCs) for imported blister copper, an intermediate product of refined copper production, have increased slightly this year while China’s copper smelters are looking to import more material to fill the supply gap arising from the drastic cut in copper scrap import quotas.
Categories: Metals Industry News

LME ends 2017 with no queues at warehouses

Thu, 01/11/2018 - 12:22
There were no queues at London Metal Exchange-approved warehouses in December for any metal, according to data released by the exchange this week.
Categories: Metals Industry News

NORTH AMERICAN MORNING BRIEF 11/01: LME base metals on firm footing; nickel prices retreat; seaborne iron ore prices up; Mechel appoints new CFO

Thu, 01/11/2018 - 12:10
The latest metal markets news and price moves to start the North American day on Thursday January 11.
Categories: Metals Industry News

Annual zinc premiums up in Asia on supply tightness concerns

Thu, 01/11/2018 - 12:00
Asian zinc premiums have increased for 2018 contracts, compared with a year ago, on the back of supply tightness concerns, multiple sources told Metal Bulletin.
Categories: Metals Industry News

LIVE FUTURES REPORT 11/01: LME base metals remain on firm footing; nickel price retreats after recent rally

Thu, 01/11/2018 - 10:31
Base metals prices on the London Metal Exchange continued to strengthen during morning trading on Thursday January 11, with zinc prices leading the pack.
Categories: Metals Industry News

SHFE vs LME physical arbitrage 11/01: Copper, aluminium, zinc, nickel

Thu, 01/11/2018 - 09:17
Arbitrage for copper, aluminium, zinc and nickel imported into China on Thursday January 11*
Categories: Metals Industry News

METALS MORNING VIEW 11/01: Metals looking stronger again

Thu, 01/11/2018 - 09:12
Base metals prices on the London Metal Exchange are generally higher this morning, Thursday January 11, with aluminium leading the way with a 0.8% gain to $2,203 per tonne, while tin is the one bucking the trend with a 0.3% decline. Nickel prices are unchanged, while the rest are up by between 0.2% and 0.4%, with copper prices up by 0.3% at $7,169 per tonne.
Categories: Metals Industry News

China ADC 12 prices rebound on higher producer offers

Thu, 01/11/2018 - 08:30
Domestic and export aluminium ingot ADC 12 prices in China rose this past week after Japanese buyers returned to the market following the New Year holidays and producers raised their offers due to higher raw material costs.
Categories: Metals Industry News

EUROPEAN MORNING BRIEF 11/01: PPS zinc tender premiums; cobalt forecast; ABI union reject contract offer

Thu, 01/11/2018 - 05:30
Good morning from Metal Bulletin’s office in Singapore, as we bring you the latest news and pricing stories on Thursday January 11.
Categories: Metals Industry News

LIVE FUTURES REPORT 11/01: SHFE nickel prices track strong performance on LME; lead down on weak demand

Thu, 01/11/2018 - 04:20
Nickel prices on the Shanghai Futures Exchange extended their gains during Asian morning trading on Thursday January 11, tracking the strong performance of the metal on the London Metal Exchange in recent days, with robust demand amid a tighter market providing support.
Categories: Metals Industry News

PPS awards zinc tenders at premiums lower than a month ago

Thu, 01/11/2018 - 03:40
South Korea’s Public Procurement Service (PPS) has awarded two tenders to procure 1,500 tonnes of special high grade zinc at premiums lower than it what it paid a month ago.
Categories: Metals Industry News

LIVE FUTURES REPORT 10/01: LME base metals prices end higher; nickel rally extends

Wed, 01/10/2018 - 17:55
Nickel continued to rally on the London Metal Exchange during afternoon trading on Wednesday January 10, closing in positive territory alongside the rest of the metals.
Categories: Metals Industry News

COPPER SUPPLY MONITOR: Key labor contract negotiations in 2018

Wed, 01/10/2018 - 17:44
A wave of labor negotiations at several of the world’s leading copper mines is taking place this year and could have a significant impact to the global copper supply and prices.
Categories: Metals Industry News

LME Dec ADV climbs 19% vs last year; total volume little changed in 2017

Wed, 01/10/2018 - 16:17
The London Metal Exchange closed 2017 in positive fashion as average daily volume (ADV) climbed 19.3% after two previous months of decline.
Categories: Metals Industry News

PEOPLE MOVES: Traxys appoints Paolo Cabrejos to head West-LatAm trading division

Wed, 01/10/2018 - 16:04
Metals merchant Traxys has hired Paolo Cabrejos to lead and expand its West Latin American trading unit starting this month.
Categories: Metals Industry News

Ambatovy restart delayed after cyclone causes equipment damage

Wed, 01/10/2018 - 16:00
A restart of production operations at the Ambatovy nickel-cobalt joint venture in Madagascar following a recent tropical cyclone has been delayed to the end of the month due to equipment damage, according to Sherritt International.
Categories: Metals Industry News

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