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Updated: 1 hour 33 min ago

South Korean authorities order 20-day shutdown at Young Poong’s Seokpo zinc smelter

Tue, 04/10/2018 - 12:33
Young Poong’s 300,000-tonne-per-year Seokpo zinc smelter will begin an enforced 20-day shutdown on June 11 after the Korean Environmental Agency found the company guilty of multiple environmental transgressions, local media including Yonhap News reported.
Categories: Metals Industry News

China files WTO complaint against US over import duties on steel, aluminium goods

Tue, 04/10/2018 - 11:12
China has requested consultations with the United States at the World Trade Organization (WTO) regarding tariffs on China-origin steel and aluminium goods, the WTO said on Tuesday April 10.
Categories: Metals Industry News

PEOPLE MOVES: Martin Vydra to retire from Sherritt this month

Tue, 04/10/2018 - 10:59
Martin Vydra will retire from Canada-based nickel and cobalt producer Sherritt International at the end of April, Metal Bulletin understands.
Categories: Metals Industry News

FOCUS: Tight market, higher premiums expected in European aluminium market after US sanctions on Rusal

Tue, 04/10/2018 - 10:20
The physical aluminium market in Europe is expected to turn bullish because of significant supply tightness, with more market participants likely to turn away from using metal supplied by Russian aluminium producer Rusal.
Categories: Metals Industry News

METALS MORNING VIEW 10/04: China's pledge to open markets provides prices with a boost

Tue, 04/10/2018 - 09:15
Base metals prices on the London Metal Exchange were broadly up on Tuesday April 10, with markets reacting positively to Chinese President Xi Jinping’s pledge to further open up China's economy.
Categories: Metals Industry News

Glencore says Rusal contracts not ‘financially material’; Glasenberg resigns as Rusal director

Tue, 04/10/2018 - 08:31
Glencore announced on Tuesday April 10 that it is evaluating its contracts with UC Rusal, but notes that these contracts are not “financially material” to the company. Meanwhile, Glencore chief executive Ivan Glasenberg has resigned from his position as a director at Rusal.
Categories: Metals Industry News

Nigel Dentoom becomes Metdist Enterprises CEO

Tue, 04/10/2018 - 08:00
Nigel Dentoom has been appointed the chief executive officer (CEO) of Metdist Enterprises Ltd, a United Kingdom-based unit of diversified group Minmetco.
Categories: Metals Industry News

EUROPEAN MORNING BRIEF 10/04: SHFE copper prices jump; Codelco reaches wage deal at Chuquicamata; Stefan Boel to leave Aurubis

Tue, 04/10/2018 - 06:10
Good morning from Metal Bulletin’s office in Shanghai as we bring you the latest news and pricing stories on Tuesday April 10.
Categories: Metals Industry News

LIVE FUTURES REPORT 10/04: SHFE copper prices jump on further cooling of US-China trade tensions

Tue, 04/10/2018 - 06:00
Copper prices on the Shanghai Futures Exchange strengthened during Asian morning trading on Tuesday April 10, after a further cooling in trade tensions between the United States and China led to increased buying interest among investors.
Categories: Metals Industry News

PRICING NOTICE: Changes to South Korean cif and fca P1020 aluminium premiums methodology

Tue, 04/10/2018 - 04:42
Metal Bulletin has made changes to its pricing methodology for both its South Korean cif and fca P1020 aluminium premiums, following a market consultation.
Categories: Metals Industry News

Codelco reaches wage deal with supervisors' union at Chuquicamata

Tue, 04/10/2018 - 02:44
Codelco’s Chuquicamata division has reached an agreement with its supervisors’ union for a new labor contract, the Chilean copper producer announced on Monday April 9.
Categories: Metals Industry News

PEOPLE MOVES: Stefan Boel to leave Aurubis on July 31

Tue, 04/10/2018 - 02:35
Stefan Boel, executive board member at Aurubis, will leave the German copper smelter-manufacturer on July 31.
Categories: Metals Industry News

ASIAN MORNING BRIEF 10/04: LME base metals mostly higher; LME volumes up after sanctions against UC Rusal; Irepas warns of likely steel quotas

Tue, 04/10/2018 - 00:05
The latest news and price moves to start the Asian day on Tuesday April 10.
Categories: Metals Industry News

LIVE FUTURES REPORT 09/04: LME ali continues surge; copper, nickel climb

Mon, 04/09/2018 - 18:10
Base metals prices on the London Metal Exchange were mostly higher at the close of trading on Monday April 9, with only lead and zinc bucking the trend.
Categories: Metals Industry News

Hydro says fresh reviews confirm no contamination from Alunorte alumina refinery in Brazil

Mon, 04/09/2018 - 16:39
Reviews by Hydro and a third-party environmental consultancy have found no indications of contamination from the company's Alunorte alumina refinery in Brazil, Hydro said on Monday April 9.
Categories: Metals Industry News

LME ali volumes rocket following Rusal sanctions; spreads tightening

Mon, 04/09/2018 - 15:28
Volume traded on the London Metal Exchange has rocketed since the United States Treasury sanctioned and froze the assets of Oleg Deripaska and UC Rusal.
Categories: Metals Industry News

LIVE FUTURES REPORT 09/04: Comex copper price steady in start-of-week trading

Mon, 04/09/2018 - 15:22
Comex copper prices were in consolidation mode in start-on-the-week trading while markets await further clarity on the possibility of a trade war breaking out between the United States and China.
Categories: Metals Industry News

NORTH AMERICAN MORNING BRIEF 09/04: Anglo to cut Quellaveco stake by mid-2018; CNMC adds DRC copper smelter; Koniambo nickel plant to restart

Mon, 04/09/2018 - 13:20
The latest metal markets news and price moves to start the North American day on Monday April 9.
Categories: Metals Industry News

SHFE vs LME physical arbitrage 09/04: Copper, aluminium, zinc, nickel

Mon, 04/09/2018 - 13:00
The arbitrage for copper, aluminium, zinc and nickel imported into China on Monday April 9*
Categories: Metals Industry News

FOCUS: Asia Ali market mulls impact of US’ sanctions on Rusal; responses mixed

Mon, 04/09/2018 - 12:55
The Asian aluminium market is considering the impact on aluminium premiums after the US sanctioned and froze the assets of Oleg Deripaska and UC Rusal, with responses mixed among Asian industry participants so far.
Categories: Metals Industry News

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