Base Metal Stock Articles

Tin: Supported by physical tightness

27 March 2018 / Staff reporter

Tin withstood broad-based sell-off Last week...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of  market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest is...Read More

Zinc: Last hurrah looming

27 March 2018 / Staff reporter

Last week we attended Metal Bulletin’s...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of  market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest iss...Read More

Base metals investment analysis: Fund long liquidation, short selling while trade tensions exist

27 March 2018 / Staff reporter

ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of  market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it’s published.SubscribeRead More

LIVE FUTURES REPORT: LME base metals prices continue strong performance; Ali drops

March 27, 2018 / Hassan Butt

Base metal prices on the London Metal Exchange remained high at the close of trading on Tuesday March 27, with only aluminium moving down. Aluminium was the only downward mover, dropping $7.50 to $2,044.50 per tonne while it continues to lack momentum."Its technical configuration is starting to improve and now badly needs follow-up buying to help the price of the light metal to edge higher. Going...Read More

Demand Indicators: March 27 2018

27 March 2018 / Staff reporter

Click here to download the Selected Demand IndicatorsACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of  market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the lat...Read More

Copper mining restarts at Newcrest's Cadia after tailings spill

March 27, 2018 / Archie Hunter

Copper-gold miner Newcrest has restarted mining operations at its Cadia project in Australia, two weeks after a tailings spill caused a shutdown.Processing at the Cadia complex will remain suspended yet Newcrest will stockpile the mine ore at the mine's surface until processing is able to...Read More

ASIAN FERRO-ALLOYS CONF: Global silico-manganese output to rise this year in response to higher demand - IMnI

March 27, 2018 / Karen Ng

The higher consumption of manganese alloys witnessed globally in 2017 is likely to spur increased production of silico-manganese this year, according to the executive director of the International Manganese Institute (IMnI).During a panel discussion at the 19th Asian Ferro-Alloys Conference in Hong Kong on Wednesday March 21, Aloys d'Harambure said that global silico-manganese producers were incre...Read More

GULF STEEL BILLET, REBAR: Billet import prices fall, local rebar prices rise

March 27, 2018 / Serife Durmus

Prices for imported billet in the United Arab Emirates fell this week on lower offers, while strong demand pushed up domestic rebar prices, sources told Metal Bulletin on Tuesday March 27.Demand for imported rebar in both the UAE and Saudi Arabia remained weak, however. Domestic rebar The major rebar producers in the UAE announced new rebar prices on Monday, March 26. The biggest steel p...Read More

NORTH AMERICAN MORNING BRIEF 27/03: LME base metals recover; FMG revises iron ore guidance; Largo Resources' revenue doubles in 2017

March 27, 2018 / Tanya Ashreena

The latest metal markets news and price moves to start the North American day on Tuesday March 27. Base metals prices on the London Metal Exchange were higher across the board during morning trading. The market mostly ignored possible trade tensions between the United States and China and market sentiment has improved to boost prices. "It seems that the risks of a possible trade war between the US...Read More

EUROPEAN MORNING BRIEF 27/03: SHFE base metals prices rebound; FMG revises iron ore price guidance; US aluminium extrusion shipments up

March 27, 2018 / Echo Ma

Good morning from Metal Bulletin's office in Shanghai as we bring you the latest news and pricing stories on Tuesday March 27.Base metals prices on the Shanghai Futures Exchange rebounded during Asian morning trading on Tuesday, buoyed by a weaker dollar and an improvement in risk appetite after fears of an escalation in tensions between the United States and China receded.Check Metal Bulletin's l...Read More

LIVE FUTURES REPORT: LME base metals prices continue strong performance; Ali drops

March 27, 2018 / Hassan Butt

Base metal prices on the London Metal Exchange remained high at the close of trading on Tuesday March 27, with only aluminium moving down. Aluminium was the only downward mover, dropping $7.50 to $2,044.50 per tonne while it continues to lack momentum."Its technical configuration is starting to improve and now badly needs follow-up buying to help the price of the light metal to edge higher. Going...Read More

LIVE FUTURES REPORT 27/03: Comex copper rebounds from Sep-2017 low

March 27, 2018 / Dalton Barker

Comex copper prices recovered Tuesday March 27 morning in the US amid easing tensions between the US and China.Copper for May settlement on the Comex division of the New York Mercantile Exchange rebounded 1.25 cents or 0.4% to $2.9825 per lb. Yesterday, the contract collapsed to a September-2017 low."While we treat the current rebound in copper prices cautiously, we are comforted that the copper p...Read More

LIVE FUTURES REPORT 27/03: LME base metals prices recover on improving sentiment; copper ignores more deliveries

March 27, 2018 / Alice Mason

Base metals prices on the London Metal Exchange were higher across the board during morning trading on Tuesday March 27. The market mostly ignored possible trade tensions between the United States and China and market sentiment has improved to boost prices. "It seems that the risks of a possible trade war between the US and China are being ignored completely on the base metals markets today - whic...Read More

RUSSIA REBAR: Mills raise April prices on reduced availability

March 27, 2018 / Marina Shulga

Russian steelmakers have increased their prices for April-rolled rebar sold to the domestic market, sources have told Metal Bulletin.Metal Bulletin's price assessment for Russian domestic 12mm A500C rebar went up to 37,000-37,500 roubles ($647-656) per tonne cpt Moscow, including VAT, on Monday March 26. This compared with 35,000 roubles...Read More

PRICING NOTICE: Confirmation of pricing calendar for non-ferrous prices over Easter break

March 27, 2018 / Charlotte Radford

Metal Bulletin and sister publication American Metal Market will follow its published pricing calendar for its base metals and minors, ores and alloys prices over the coming Easter Break. You can find the complete pricing calendar here. Base metals price assessments In summary, all our base metals price assessments and indices follow the holiday calendar adopted by the London Metal Exchange, which...Read More

WEEKLY BASE METAL PREMIUMS REPORT: 27/03

March 27, 2018 / editorial@metalbulletin.com

A summary of base metals premiums from across the globe for the week to Tuesday March 27.Please click...Read More

LIVE FUTURES REPORT 27/03: Comex copper rebounds from Sep-2017 low

March 27, 2018 / Dalton Barker

Comex copper prices recovered Tuesday March 27 morning in the US amid easing tensions between the US and China.Copper for May settlement on the Comex division of the New York Mercantile Exchange rebounded 1.25 cents or 0.4% to $2.9825 per lb. Yesterday, the contract collapsed to a September-2017 low."While we treat the current rebound in copper prices cautiously, we are comforted that the copper p...Read More

SHFE vs LME physical arbitrage 27/03: Copper, aluminium, zinc, nickel [UPDATED]

March 27, 2018 / Karen Ng

The arbitrage for copper, aluminium, zinc and nickel imported into China on Tuesday March 27*.Copper -$84.75 (-530.86 yuan) Aluminium -$382.83 (-2,397.94 yuan) Zinc -$96.94 (-607.20 yuan) Nickel -$635.82 (-3,982.58 yuan) *Metal Bulletin calculates the physical arbitrage for...Read More

Philippines ore export ban proposal 'not catching fire'

March 27, 2018 / Vivian Teo

The proposal by Philippine politicians to ban the export of unprocessed mineral ores to boost domestic processing has yet to make further progress, Patricia Bunye, senior partner at law firm Cruz Marcelo & Tenefrancia in the Philippines, said. "It's not catching fire as the industry knows the limitations of infrastructure in the country," Bunye told Metal Bulletin on the sidelines of the Mining In...Read More

Brazil's CSN to negotiate quotas to export slab, HRC and tinplate to the US

March 27, 2018 / Felipe Peroni

Brazilian steelmaker Companhia Sider??rgica Nacional (CSN) is negotiating with authorities in the United States to obtain quotas to export slab, tinplate and "some volumes" of hot-rolled coil without tariffs linked to the Section 232 investigation."Negotiations are at full steam, and [the US] will apply voluntary restraint agreements - country by country," CSN commercial executive director Luis Fe...Read More

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