Base Metal Stock Articles

Brazilian iron ore shipments up 4.38% in August, average export price increases

September 04, 2018 / Felipe Peroni

Brazilian iron ore export volumes increased by 4.38% year on year in August amid a higher average export price during the month. Brazil shipped a total of 35.62 million tonnes of iron ore last month, compared with 34.13 million tonnes in August 2017, according to figures released by the country's foreign trade ministry, MDIC, on Monday September 3. In a...Read More

China AM: Steel futures rise amid uncertain production cuts for September

September 04, 2018 / Deepali Sharma

Steel futures in China rose during morning trading on Tuesday September 4 despite the Tangshan government's U-turn a day earlier on planned production cuts for this month.Futures closing prices - morning session Shanghai Futures Exchange January rebar: 4,116 yuan ($603) per tonne, up 31 yuan per tonne January hot-rolled coil: 4,128 yuan per tonne, up 32 yuan per tonne Dalian Commodity Exchange Jan...Read More

CHINA HRC: Prices rise on expectations of rebounding demand

September 04, 2018 / Miranda Song

China's hot-rolled coil prices rose on Tuesday September 4 in line with strengthening futures, with participants expecting construction demand to rebound in the coming months.DomesticEastern China (Shanghai): 4,360-4,390 yuan ($639-643) per tonne, up 10-20 yuan per tonneNorthern China (Tianjin): 4,250-4,270 yuan per tonne, up 10-20 yuan per tonneTransactions were mostly concluded around 4,360-4,37...Read More

First Cobalt Corp buys Iron Creek project, eliminates royalty

September 04, 2018 / Andrea Hotter

First Cobalt has acquired the Iron Creek property in Idaho, US and eliminated its outstanding royalty, the company said.The move streamlines future permitting and development activities and accelerates the mine planning process, with the North American pure play cobalt company having begun a consultation process and collecting baseline data for future permitting requirements, it noted. The Iron Cr...Read More

PRICING NOTICE: Metal Bulletin opens market consultation on minimum tonnages for minor metals price assessments

September 04, 2018 / Ewa Manthey

Metal Bulletin is inviting market feedback on its proposals to increase the minimum tonnages for some of its benchmark minor metals price assessments. Certain market participants have expressed concerns that pricing data points relating to small lots are neither representative of typical market practice nor mainstream, repeatable spot prices. As such, they have suggested an increase in the minimum...Read More

PRICING NOTICE: Proposal to amend minimum tonnage for germanium assessments in-warehouse Rotterdam

September 04, 2018 / Ewa Manthey

Metal Bulletin proposes to increase the minimum tonnage for its benchmark in-warehouse Rotterdam germanium metal and germanium dioxide price assessments.At present, Metal Bulletin's minimum lot size for its in-warehouse Rotterdam germanium metal and germanium dioxide price assessments is 50kg. Certain market participants have expressed concerns that pricing data points relating to small lots are n...Read More

PRICING NOTICE: Proposal to amend minimum tonnage for gallium assessments in-warehouse Rotterdam

September 04, 2018 / Ewa Manthey

Metal Bulletin proposes to increase the minimum tonnage for its benchmark in-warehouse Rotterdam gallium price assessment.At present, Metal Bulletin's minimum lot size for its in-warehouse Rotterdam gallium price assessment is 50kg. Certain market participants have expressed concerns that pricing data points relating to small lots are neither representative of typical market practice nor mainstrea...Read More

PRICING NOTICE: Proposal to amend minimum tonnage for indium assessments in-warehouse Rotterdam

September 04, 2018 / Ewa Manthey

Metal Bulletin proposes to increase the minimum tonnage for its benchmark in-warehouse Rotterdam indium price assessment.At present, Metal Bulletin's minimum lot size for its in-warehouse Rotterdam indium price assessment is 50kg. Certain market participants have expressed concerns that pricing data points relating to small lots are neither representative of typical market practice nor mainstream,...Read More

METALS MORNING VIEW 04/09: Metals remain in consolidation mode

September 04, 2018 / William Adams

Three-month base metals prices on the London Metal Exchange were mixed this morning, Tuesday September 4, with price changes ranged between up by 0.7% for aluminium and down by 0.3% for nickel.Copper and zinc prices were up by 0.2%, with the former at $5,959 per tonne, while lead and tin prices were off by 0.2%.Volume has been low with 4,568 lots traded as at 06.28am London time. Precious metals p...Read More

BUZZ-Australia's Magnis Resources rises; AL Capital to invest $7.9 mln in firm

Sep 3 2018 9:19PM / Reuters

** Graphite explorer Magnis Resources Ltd rises asmuch as 5.3 pct to A$0.400, its highest since June 27 ** AL Capital to invest A$11.1 mln ($7.99 mln) at A$0.37 pershare for 4.98 pct equity holding in Magnis** Placement was made under co's existing placement capacityof 30 mln shares issued at A$0.37 per share ** Stock posts biggest intraday pct gain since Aug 28** Stock down 17.4 pct this year, as...Read More

SHH Margin Trading -- China Moly 603993.SS Margin Long Amount is 6,373 (x10000) yuan, Short Selling Volume is 38 (x10000) shares

Sep 3 2018 8:57PM / Reuters

03 Sep 2018China Moly today's Margin Long Amount is 6,373 (x10000) yuan, Short Selling Volume is 38 (x10000) shares. Detail information is as followsMargin long Margin Long Margin Long Short Selling Short Selling Short close Balance Amount Close Balance Volume Volume Amount Amount Volume ----------- ----------- ----------- ------------- ------------- -------------...Read More

SHH Margin Trading -- Jinduicheng 601958.SS Margin Long Amount is 670 (x10000) yuan, Short Selling Volume is 1 (x10000) shares

Sep 3 2018 8:56PM / Reuters

03 Sep 2018Jinduicheng today's Margin Long Amount is 670 (x10000) yuan, Short Selling Volume is 1 (x10000) shares. Detail information is as followsMargin long Margin Long Margin Long Short Selling Short Selling Short close Balance Amount Close Balance Volume Volume Amount Amount Volume ----------- ----------- ----------- ------------- ------------- ------------- 46...Read More

SHH Margin Trading -- Zijin Mining Grp 601899.SS Margin Long Amount is 2,344 (x10000) yuan, Short Selling Volume is 16 (x10000) shares

Sep 3 2018 8:56PM / Reuters

03 Sep 2018Zijin Mining Grp today's Margin Long Amount is 2,344 (x10000) yuan, Short Selling Volume is 16 (x10000) shares. Detail information is as followsMargin long Margin Long Margin Long Short Selling Short Selling Short close Balance Amount Close Balance Volume Volume Amount Amount Volume ----------- ----------- ----------- ------------- ------------- ---------...Read More

PRECIOUS-Gold edges lower as trade tensions continue to weigh

Sep 3 2018 6:43AM / Reuters

* SPDR Gold holdings fell 0.4 pct on Friday * Speculators trim net shorts in COMEX gold * GRAPHIC-2018 asset returns: (Updates prices) By Zandi Shabalala LONDON, Sept 3 (Reuters) - Gold prices eased slightly onMonday as the dollar held near a one-week high on worries overan escalation in trade conflicts between the United States andits trading partners. A firmer U.S. currency makes dollar-priced g...Read More

METALS-Nickel slides to seven-month low on concern over tariffs and China

Sep 3 2018 6:32AM / Reuters

* China Caixin PMI grows at slowest pace in more than a year * LME copper hits lowest in 10 days * Lead touches highest in over three weeks * GRAPHIC-2018 asset returns: (Updates with closing prices) By Eric Onstad LONDON, Sept 3 (Reuters) - Nickel sank to its lowest in morethan seven months on Monday, weighed down by worries aboutChina's economy, escalating trade tensions and weak steelprices. Ma...Read More

GLOBAL BILLET WRAP: Markets weak on slow trading, soft demand

September 03, 2018 / Fiona Lam

Global steel billet prices either moved down or remained unchanged from Monday August 27 to Friday August 31 amid sluggish trading and limited demand....Read More

GLOBAL BILLET WRAP: Markets weak on slow trading, soft demand

September 03, 2018 / Fiona Lam

Global steel billet prices either moved down or remained unchanged from Monday August 27 to Friday August 31 amid sluggish trading and limited demand....Read More

LIVE FUTURES REPORT 03/09: LME lead price climbs 2%; ali dips 1.3% amid broad downtrend

September 03, 2018 / Hassan Butt

Lead prices on the London Metal Exchange climbed just over 2% by the close of trading on Monday September 3, buoyed by supply disruptions and falling LME inventory while the rest of the complex, bar the three-month zinc price, consolidated lower....Read More

Zijin Mining to take majority stake in RTB Bor copper complex, commits $1.5bln for expansion

September 03, 2018 / Archie Hunter

Zijin Mining will take a 63% stake in Serbia's RTB Bor copper mining and smelting complex and will commit $1.46 billion over the next six years to expand its capacity, the company said on Sunday September 2. ...Read More

Copper concentrate TC/RCs gain in August on allayed strike fears

September 03, 2018 / Archie Hunter

Copper concentrate treatment and refining charges (TC/RCs) firmed marginally at the end of August, with the market more assured of near-term supply following wage agreements made at the Escondida mine. ...Read More

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