Base metal stocks Articles

Base Metals Investing - Prices, Mining Stocks and News

Nov 15, 2018 / Staff reporter

Top Gainers$(document).ready(function() { $('.ChangePercentActive .spanPercent').trigger('click'); });ExchangeSymbolChartCurPricechg | %Transition MetalsTSX-VXTMCAD0.120.0215.00Coro MiningTSXCOPCAD0.060.0110.00Nicola MiningTSX-VNIMCAD0.120.019.52MMGHKEX1208HKD3.550.216.29Aus Tin MiningASXANWAUD0.020.005.56Top Decliners$(document).ready(function() { $('.ChangePercentActive .spanPercent').trigger('...Read More

Base Metals Mining Companies Listed in All Countries

2018-11-15 / Staff reporter

Compare(Show all)CompanyTickerLast Price (native)Change (native)Change (%)Day LowDay High52 Week Low52 Week HighVolumeMC (M CAD$)  BHP Billiton Ltd.BHP.AX32.110.0200.06%32.0032.2526.9335.681,832,832164,843.0  Rio Tinto Ltd.RIO.AX78.44-0.470-0.60%77.8178.5668.6287.09571,046127,753.0  Vale S.A.VALE9.970.1401.40%9.8610.187.0011.7217,791,10970,952.8  Southern Co...Read More

Base Metals Historical Price Data

Nov 15, 2018 / FocusEconomics

2012  2013  2014  2015  2016  Aluminium2020.88  1845.86  1867.48  1663.69  1604.6  Alumina433.69  426.39  421.3  387.42  320.71  Copper7954.23  7330.44  6863.26  5508.57  4871.3  Nickel17522.38 &...Read More

MJP aluminium stocks down 1% in October vs September, Marubeni says

November 15, 2018 / Staff reporter

Primary aluminium stocks at the three main Japanese ports (MJP) of Osaka, Nagoya and Yokohama slipped 1% month on month in October, according to the latest data from major Japanese trading house Marubeni Corp. The data, which was published on Wednesday November 14, also shows that total aluminium stocks at the three ports came to 317,300 tonnes at the end of last month.  On a y...Read More

GLOBAL NICKEL WRAP: Nickel premiums flat worldwide

November 15, 2018 / Staff reporter

Nickel premiums in China, the United States and Europe remained unchanged over the week amid limited activity, an unstable import window in Shanghai and participants' absence from the market. An open but unstable import window kept premiums in Shanghai flat Subdued activity in the US nickel market maintains premiums European nickel market quiet with long-term in focusShanghai nickel premiums uncha...Read More

LIVE FUTURES REPORT 14/11: Most LME base metals prices appreciate amid crude oil rebound

November 15, 2018 / Staff reporter

Base metals prices on the London Metal Exchange were predominantly higher at the close of trading on Wednesday November 14, boosted by a steady rebound in global benchmark crude oil futures and a marginal retreat in the dollar index.Following a decline in the oil price this morning due to increasing concerns over a global slowdown economic growth, it bounced 1.47% over the course of the...Read More

INTL FERRO-ALLOYS CONF: Low rail capacity will haunt South African manganese ore sector, Gantsho says

November 15, 2018 / Staff reporter

South African miners will continue to need road transportation to get their material to port, according to Thembalani Gantsho, joint chief executive officer of Kudumane Manganese Resources.Road freight will be needed to meet the shortfall in capacity offered by the country's rail freight company, Transnet, Gantsho told delegates to Fastmarkets International Ferroalloys Conference in Lisbon, held N...Read More

INTL FERRO-ALLOYS CONF: Ferroglobe cuts manganese alloy production amid margin squeeze

November 15, 2018 / Staff reporter

Manganese alloy smelters are under pressure to scale back production due to the smaller margins achieved on suppressed alloy prices, Ferroglobe chief executive officer Pedro Larrea said during Fastmarkets' International Ferro-alloys Conference in Lisbon.Ferroglobe has cut some production at its manganese alloy furnaces, because the company has faced difficulties in generating profits due to the st...Read More

INTL FERRO-ALLOYS CONF: Ferroglobe cuts manganese alloy production amid margin squeeze

November 15, 2018 / Staff reporter

Manganese alloy smelters are under pressure to scale back production due to the smaller margins achieved on suppressed alloy prices, Ferroglobe chief executive officer Pedro Larrea said during Fastmarkets' International Ferro-alloys Conference in Lisbon.Ferroglobe has cut some production at its manganese alloy furnaces, because the company has faced difficulties in generating profits due to the st...Read More

FOCUS: First deals point to drop in 2019 European zinc premiums but Nyrstar's troubles cast uncertainty

November 15, 2018 / Staff reporter

The first deals for special high-grade zinc supply in 2019 in Europe point to a decline in annual zinc premiums compared with this year's levels, but Nyrstar's financial troubles are complicating negotiations and raising concerns that supply may turn out to be tighter than anticipated."Not much has been done yet, but [the premium] seems to be lower than last year by at least $10-15 per t...Read More

INTL FERRO-ALLOYS CONF: Manganese ore price fall more likely than silico-manganese rally

November 15, 2018 / Staff reporter

Manganese ore prices are overheated compared with production costs and manganese alloy prices, making them prone to a decline next year, panelists said at Fastmarkets' 34th International Ferro-alloys conference in Lisbon this week. Manganese ore prices have trended higher since May this year. Fastmarkets MB's 44% manganese ore index was last calculated at $7.13 per dry metric tonne unit dmtu,...Read More

MINOR METALS REPORT 14/11: Manganese flake price falls 2.1%; indium slightly firmer

November 15, 2018 / Staff reporter

An overview of the minor metals markets and the reasons for any price moves.Read More

DAILY SCRAP REPORT: Weak rebar prices, increasing scrap supply keep mills out of market

November 15, 2018 / Staff reporter

The Turkish steel mills continued their silence in the deep-sea scrap markets for another day on Wednesday November 14, because of a softening rebar market and increasing scrap supply in Europe, Fastmarkets was told.After booking two cargoes from the United States late last week, Turkish mills paused their purchases. Meanwhile, rebar prices have shown a downturn with news of recent sales at $506-5...Read More

ASIA COPPER WEEK 2018: Copper execs see limited impact to copper inflows from Chinese scrap restrictions

November 15, 2018 / Staff reporter

A series of Chinese policies aimed at restricting imports of copper scrap is not expected to significantly alter the supply/demand balance in the world's largest copper consuming country, industry executives said during a panel discussion at Asia Copper Week in Shanghai. "Despite the restriction of category-7 copper scrap imports this year, we have seen limited impact on the industry this year," Q...Read More

Vietnam buys some 30,000 tonnes of Japanese H2 scrap

November 15, 2018 / Staff reporter

Vietnam, a major consumer of scrap in Asia, has purchased at least 30,000 tonnes of Japanese H2 materials this week.Deals involving at least two bulk shipments bound for southern Vietnam were heard concluded around $329-330 per tonne cfr Vietnam.This suggests that fob Japan prices have fallen further from last week's level of 34,700-35,000 ($305-307) per tonne after a tender held by the Kanto Tet...Read More

LIVE FUTURES REPORT 14/11: Comex copper price sustains momentum through midweek session

November 15, 2018 / Staff reporter

Comex copper prices moved higher on Wednesday November 14 despite a stronger dollar due to growing optimism that a bilateral trade agreement between the United States and China could be reached in the next few months. The copper price for December settlement on the Comex division of the New York Mercantile Exchange gained 1.25 cents to $2.6995 per lb. Markets have seen chaotic price movement in th...Read More

METALS MORNING VIEW 14/11: Metals prices, sentiment remain gloomy

November 15, 2018 / Staff reporter

Three-month base metals prices on the London Metal Exchange were broadly weaker on the morning of Wednesday November 14, with the three-month copper price down by 0.1% at $6,040 per tonne. This after Tuesday's energetic start that saw the red metal reach $6,181 per tonne at one point. Three-month nickel, lead and zinc were down by 0.2%, 0.3% and 1% respectively on the LME this morning, while three...Read More

GLOBAL COPPER WRAP: US cathode premium expected to strengthen in 2019; Shanghai, Rotterdam premiums soften

November 15, 2018 / Staff reporter

Optimism continued to grow among copper market participants in the United States over the outlook for the domestic copper cathode premium following a key industry meeting this past week, with many attendees predicting a higher premium for next year.Elsewhere, Shanghai copper premiums continued to soften while the Chinese market contends with a closed import arbitrage window, while a backwardation...Read More

EUROPE HRC: Domestic prices slide in south on weak demand

November 15, 2018 / Staff reporter

Domestic prices for hot-rolled coil (HRC) are down over the past week in Southern Europe, sources told Fastmarkets on Wednesday November 14.The decrease was the result of slow trading and competitive import offers from Turkey, market participants said.Southern EuropeFastmarkets' domestic price assessment for HRC in Southern Europe was 480-525 ($540-591) per tonne ex-works on November 14, down from...Read More

CHINA HRC: Trading activity set to pick up in export market

November 15, 2018 / Staff reporter

The gap between export offers and bids for hot-rolled coil in China narrowed on Wednesday November 14, raising expectations of the Chinese product finding favor among overseas buyers again.DomesticEastern China (Shanghai): 3,800-3,810 yuan ($546-547) per tonne, narrowing downward 10 yuan per tonneNorthern China (Tianjin): 3,840-3,850 yuan per tonne, up 10-20 yuan per tonneDomestic prices were larg...Read More