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Updated: 1 hour 57 min ago

LIVE FUTURES REPORT 10/01: Comex copper stages recovery in midweek session

Wed, 01/10/2018 - 15:56
Comex copper prices bounced back on the morning of Wednesday January 10 morning thanks to a weaker dollar, having previously fallen for three consecutive sessions.
Categories: Metals Industry News

EXPERT VIEW: New contracts, IB membership category key strategies for LME in 2018

Wed, 01/10/2018 - 15:46
After a year focused on re-establishing stability, the London Metal Exchange has started 2018 with its attention on driving more liquidity to the bourse by launching the Introducing Broker membership category and broadening its contract portfolio, says senior metals market consultant Martin Hayes.
Categories: Metals Industry News

Strike called off at Lomas Bayas copper mine

Wed, 01/10/2018 - 15:44
A union strike scheduled to start on Wednesday January 10 at Glencore's Minera Lomas Bayas copper mine in Chile has been called off after a breakthrough at contract negotiations.
Categories: Metals Industry News

Fault at Birla Copper’s Dahej smelter hits production, forces supply to be redirected

Wed, 01/10/2018 - 14:03
Unspecified technical issues at Birla Copper’s Dahej copper smelter have caused the plant to lower output and to delay scheduled cargoes of copper concentrates or to divert into the spot market, sources told Metal Bulletin.
Categories: Metals Industry News

NORTH AMERICAN MORNING BRIEF 10/01: LME base metals prices recover; seaborne iron ore prices retreat; base metals premiums wraps

Wed, 01/10/2018 - 12:35
The latest metal markets news and price moves to start the North American day on Wednesday January 10.
Categories: Metals Industry News

GLOBAL NICKEL WRAP 10/01: Rotterdam uncut cathode premium at 11 year high; US, Asia premiums unchanged

Wed, 01/10/2018 - 11:25
Nickel premiums in Europe moved higher this week due to tighter availability, while premiums in the US and Asia remained flat.
Categories: Metals Industry News

LIVE FUTURES REPORT 10/01: LME base metals recover; nickel continues to push higher

Wed, 01/10/2018 - 10:20
Base metals prices on the London Metal Exchange were mostly higher on Wednesday January 10 morning, with nickel prices continuing to outperform the rest of the complex.
Categories: Metals Industry News

GLOBAL TIN WRAP: European premiums stabilize amid expectations of lower Indonesian supply on export red-tape

Wed, 01/10/2018 - 10:17
Tin premiums were mostly flat in the week ended Tuesday January 9 with US premiums remaining at multi-month lows, while lower shipments from Indonesia this month have halted the downtrend in Europe with suppliers increasing offers.
Categories: Metals Industry News

GLOBAL COPPER WRAP: Shanghai premiums succumb to weak demand; shipment delays boost Italy premium

Wed, 01/10/2018 - 09:00
Global copper premiums gave a varied performance in the week ended Tuesday January 9, with Chinese premiums succumbing to weak demand amid environmental crackdowns and a closed arbitrage window, while those in Italy surged after shipment delays caused temporary supply tightness.
Categories: Metals Industry News

SHFE vs LME physical arbitrage 10/01: Copper, aluminium, zinc, nickel

Wed, 01/10/2018 - 09:00
Arbitrage for copper, aluminium, zinc and nickel imported into China on Wednesday January 10*
Categories: Metals Industry News

EUROPEAN MORNING BRIEF 10/01: SHFE trades mostly lower; global aluminum premiums; US non-ferrous scrap exports backpedal

Wed, 01/10/2018 - 06:00
Good morning from Metal Bulletin’s office in Singapore, as we bring you the latest news and pricing stories on Wednesday January 10.
Categories: Metals Industry News

LIVE FUTURES REPORT 10/01: Mixed China data sinks most SHFE base metals prices; nickel outperforms

Wed, 01/10/2018 - 05:45
Base metals prices on the Shanghai Futures Exchange were mostly lower during Asian morning trading on Wednesday January 10 following mixed consumer price index (CPI) and producer price index (PPI) readings from China earlier in the day. Nickel and tin prices bucked the general weakness, however, with the former finding support from a tightening market.
Categories: Metals Industry News

GLOBAL ALUMINIUM WRAP: Asian, US, and Italian premiums rise on bullish sentiment

Wed, 01/10/2018 - 03:30
Aluminium premiums worldwide have broadly risen this week, fulfilling the expectation that global premiums would move as the month progresses.
Categories: Metals Industry News


Tue, 01/09/2018 - 21:53
A summary of base metals premiums across the globe for the week to Tuesday January 9.
Categories: Metals Industry News

Weak demand puts pressure on spot alumina prices

Tue, 01/09/2018 - 20:06
Benchmark alumina prices fell on Tuesday January 9, with limited buying interest seen for spot cargoes in the Pacific market, despite a recovery in smelter margins.
Categories: Metals Industry News

Metal Comax completes purchase of Oetinger Aluminium

Tue, 01/09/2018 - 19:25
Metal Trade Comax Group of the Czech Republic announced on Tuesday January 9 that it has acquired all the shares in Germany’s Oetinger Aluminium from private equity group Orlando Management.
Categories: Metals Industry News

INTL FCStone merges LME, precious metals units under Canham; Leonard to retire

Tue, 01/09/2018 - 17:43
INTL FCStone has merged its London Metal Exchange and precious metals departments, with the new unit headed by Barry Canham, the company said.
Categories: Metals Industry News

LIVE FUTURES REPORT 09/01: LME nickel price continues rally bucking overall lower trend

Tue, 01/09/2018 - 17:35
Base metals prices on the London Metal Exchange were mostly lower at the close on Tuesday January 9, with only nickel trading in positive territory.
Categories: Metals Industry News

2018 PREVIEW: High zinc prices could ultimately lead to irreversible substitution in alloys sector

Tue, 01/09/2018 - 17:07
High zinc prices could eventually lead to an irreversible dent in consumption of the metal, specifically in the form of zinc alloys in electric vehicles, market participants told Metal Bulletin.
Categories: Metals Industry News


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