Base Metal Stock Articles

Norilsk to continue legal action over African asset sales to Botswana govt

July 24, 2018 / Andrea Hotter

Norilsk Nickel plans to continue its legal action against the government of Botswana after a ruling that it cannot take the case to the London Court of International Arbitration...Read More

GLOBAL FERRO-SILICON WRAP: Chinese market weakens on slack demand, production ramp-ups; European prices rebound

July 24, 2018 / Chris Kavanagh

Chinese ferro-silicon prices continued to decline in the week to Friday July 20 amid weak demand and production ramp-ups, while European prices staged a slight recovery following a steep fall in the prior week. ...Read More

GLOBAL MANGANESE WRAP: Low-grade prices slide after suppliers slash offers; alloys weaken on slow demand

July 24, 2018 / Janie Davies

Suppliers cut seaborne and port prices for low-grade manganese ore in response to aggressive bids from consumers. ...Read More

Noranda Income Fund says low zinc treatment charges a challenge

July 24, 2018 / Andrea Hotter

Noranda Income Fund said its main challenge currently is for its zinc processing facility to continue to operate profitably amid current low treatment charges. The Toronto, Canada-headquartered company said spot TCs averaged roughly $38 per tonne in 2017 and around $20-$25 per tonne in the first half of 2018, noting market tightness due to the closure of several large mines in recent years and str...Read More

IN FIGURES: China's copper, aluminium imports in June

July 24, 2018 / Susan Zou

A summary of China's copper and aluminium imports figures in June 2018. ...Read More

Alunorte full restart date still 'uncertain'; Hydro Q2 earnings drop vs last year

July 24, 2018 / Alice Mason

The timetable for a return to normal operations at Norsk Hydro's Alunorte alumina refinery in Brazil remains "uncertain," chief executive officer Svein Richard Brandtz??g said....Read More

PRICING NOTICE: Amendment of Metal Bulletin's Rotterdam tellurium price specification

July 24, 2018 / Ewa Manthey

Metal Bulletin has amended its Rotterdam tellurium price specification to make sure the specifications are more closely aligned to existing market conditions. Following a month-long market consultation, the Rotterdam tellurium price has been refined to only include material between 99.9% and 99.99% tellurium.An internal analysis of the pricing information collected and extensive market feedback ha...Read More

ANTAIKE BATTERY MATERIALS CONF: Six key takeaways from Shaoxing

July 24, 2018 / Charlotte Radford

Cobalt prices, investment opportunities, subsidies for electric vehicles (EVs) and substitution risk were hot topics at Antaike's Battery Materials Conference in Shaoxing, China last week.Metal Bulletin rounds up some of the key things we learned at the event. It's all about EV subsidy policies China's EV subsidy policy drives the pace and direction of adoption; as of this year, the government's s...Read More

Norilsk to continue legal action over African asset sales to Botswana govt

July 24, 2018 / Andrea Hotter

Norilsk Nickel plans to continue its legal action against the government of Botswana after a ruling that it cannot take the case to the London Court of International Arbitration...Read More

MB APEX Q2 2018: Overall base, precious, raw material accuracy climbs above 99%

July 24, 2018 / Alice Mason

INTL FCStone's Edward Meir has topped the base metals leader board in the Apex second-quarter 2018 contest, with an accuracy rating of 99.56%, while Commerzbank was top of the precious metals table with 99.19% accuracy....Read More

LIVE FUTURES REPORT 24/07: Comex copper price surges to 2-week high

July 24, 2018 / Dalton Barker

The copper price on Comex surged to a multi-week high in morning trading in the US on Tuesday July 24 amid a bout of technical buying and a softer dollar....Read More

ANTAIKE BATTERY MATERIALS CONF: Six key takeaways from Shaoxing

July 24, 2018 / Charlotte Radford

Cobalt prices, investment opportunities, subsidies for electric vehicles (EVs) and substitution risk were hot topics at Antaike's Battery Materials Conference in Shaoxing, China last week.Metal Bulletin rounds up some of the key things we learned at the event. It's all about EV subsidy policies China's EV subsidy policy drives the pace and direction of adoption; as of this year, the government's s...Read More

GULF FLAT STEEL IMPORTS: Holidays, holy days keep demand subdued

July 24, 2018 / Serife Durmus

Flat steel import prices in the United Arab Emirates and Saudi Arabia were mostly stable this week, with the only changes being seen in the price ranges for imports of hot-rolled coil (HRC), sources told Metal Bulletin on Tuesday July 24....Read More

RUSSIA FLAT STEEL: Further price reductions unlikely despite weak demand

July 24, 2018 / Marina Shulga

Hot-rolled (HR) and cold-rolled (CR) steel sheet suppliers to Russia's central region around Moscow have not cut their prices further this week despite low levels of demand....Read More

CHINA HRC: Prices retreat amid declining futures

July 24, 2018 / Miranda Song

China's hot-rolled coil prices retreated on Tuesday July 24 after trading activity fell in the wake of increases a day earlier, sources said....Read More

GULF STEEL BILLET, REBAR: Domestic rebar prices fall as demand remains weak

July 24, 2018 / Serife Durmus

Prices for domestically produced rebar in the United Arab Emirates decreased on Tuesday July 24, with demand limited for seasonal reasons, sources told Metal Bulletin....Read More

Long Steel Products Trade Log, July 24, 2018

July 24, 2018 / Staff reporter

The latest bids, offers and deals in the global markets for rebar, wire rod, steel beams and other long steel products. ...Read More

China AM: Steelmaking raw materials futures bounce back from downtrend

July 24, 2018 / Miranda Song

China's steel futures trended downward during morning trading on Tuesday July 24, though the steelmaking raw materials contracts posted a late recovery during the session to end slightly higher than their opening prices....Read More

GULF STEEL BILLET, REBAR: Domestic rebar prices fall as demand remains weak

July 24, 2018 / Serife Durmus

Prices for domestically produced rebar in the United Arab Emirates decreased on Tuesday July 24, with demand limited for seasonal reasons, sources told Metal Bulletin....Read More

CIS STEEL BILLET: Market softens amid lack of bookings

July 24, 2018 / Vlada Novokreshchenova

The export price for CIS-origin steel billet softened on Tuesday July 24 amid a lack of buying activity in the major outlets, Metal Bulletin has heard....Read More

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