Base metal stocks Articles

Base Metals Investing - Prices, Mining Stocks and News

May 25, 2019 / Staff reporter

Top Gainers$(document).ready(function() { $('.ChangePercentActive .spanPercent').trigger('click'); });ExchangeSymbolChartCurPricechg | %Fura GemsTSX-VFURACAD0.210.0210.53Dragon MiningHKEX1712HKD1.640.149.33Bayhorse SilverTSX-VBHSCAD0.080.017.14Hillgrove ResourcesASXHGOAUD0.090.015.95Atico MiningTSX-VATYCAD0.300.025.26Top Decliners$(document).ready(function() { $('.ChangePercentActive .spanPercent...Read More

Base Metals Mining Companies Listed in All Countries

2019-05-25 / Staff reporter

Compare(Show all)CompanyTickerLast Price (native)Change (native)Change (%)Day LowDay High52 Week Low52 Week HighVolumeMC (M CAD$)  BHP Billiton Ltd.BHP.AX37.320.1300.35%37.0037.5130.3140.134,975,251269,549.0  Rio Tinto Ltd.RIO.AX100.980.2700.27%99.80101.5969.41102.831,381,93189,336.6  Vale S.A.VALE11.790.2301.95%12.0212.2010.8916.1328,720,20285,305.5  Anglo...Read More

Base Metals Historical Price Data

May 25, 2019 / FocusEconomics

2013  2014  2015  2016  2017  Aluminium1845.86  1867.48  1663.69  1604.6  1968.4  Alumina406.26  410.9  377.2  310.14  348.34292307692  Copper7330.44  6863.26  5508.57  4871.3  6171.78  Nickel15022.53...Read More

LIVE FUTURES REPORT 23/05: LME Al bucks trend in lackluster London trading; zinc near $2,500/t

May 24, 2019 / Staff reporter

Aluminium's three-month price on the London Metal Exchange was the only metal to trade in positive territory at the close of trading on Thursday April 23, climbing by just under 1% to near $1,800 per tonne. News that operations would fully resume at Norsk Hydro's Alunorte alumina refinery in Brazil sent the light metal's futures price spiraling to a three-year low of $1,765.50 per tonne, however i...Read More

LIVE FUTURES REPORT 23/05: Trade woes pressure LME base metals prices lower; zinc falls 1.3%

May 24, 2019 / Staff reporter

Base metals prices on the London Metal Exchange were lower during morning trading on Thursday May 23, with continued trade friction between the United States and China fueling risk-off sentiment while tight nearby spreads failed to attract fresh inflows. "Today has started in much the same mode with the metals losing ground in the Asian session," Kingdom Futures director and chief executive Malcol...Read More

Energy storage to boost copper demand by 2.3mln tpy over next decade, analyst says

May 24, 2019 / Staff reporter

Energy storage in mobility and stationary storage applications will increase annual copper demand by 2.3 million tonnes by 2029, according to an analyst at research and consulting firm IDTechEx.Na Jiao said that total cumulative copper demand in energy storage over the next decade will be just over nine million tonnes. Energy storage - and battery technology in particular - is often seen as having...Read More

Chinese cobalt sulfate price hits fresh 2019 low; producers struggle under break even costs

May 24, 2019 / Staff reporter

The Chinese domestic cobalt sulfate price hit a fresh low for 2019 mid-week amid persistent selling pressure among producers who are mostly struggling to break even, sources said.Fastmarkets' assessment of the price for Chinese cobalt sulfate fell to 44,500-45,500 yuan ($6,444-6,589) per tonne on Wednesday May 22, down from 46,000-48,000 yuan per tonne previously. This placed the assessment at its...Read More

DAILY SCRAP REPORT: Prices jump upward as Turkish mills rejoin market

May 24, 2019 / Staff reporter

The Turkish steel producers have broken their silence in the deep-sea scrap markets with prices increasing sharply, sources said on Thursday May 23.Four steel mills booked deep-sea cargoes from various sources late on Wednesday and on Thursday.A steel mill in the Marmara region booked a US cargo, comprising 20,000 tonnes of HMS 1&2 (80:20) at $310 per tonne and 5,000 tonnes of shredded at $315 per...Read More

FOCUS: Turkish steel mills should avoid price hikes following US import tariff cut, traders say

May 24, 2019 / Staff reporter

The United States' reduction of tariffs on Turkish steel imports to 25% from 50% last week will only partially reopen the US market to Turkish mills, who should avoid raising prices if they are to successfully regain a share in that market, several sources told Fastmarkets this week. The US has lowered its tariffs on steel imports from Turkey to 25% effective Friday May 17. Duties had been at...Read More

EMR sells parts of M&W to Recycling Lives

May 24, 2019 / Staff reporter

European Metal Recycling (EMR) has sold parts of specialty scrap recycler Metal & Waste Recycling (M&W) to UK-based Recycling Lives following a competition inquiry. As part of the transaction, the two London-based sites of M&W will be retained by EMR. The sale will complete on Thursday May 30, EMR said. The disposal comes following an intervention by...Read More

Chinese cobalt sulfate price hits fresh 2019 low; producers struggle under break even costs

May 24, 2019 / Staff reporter

The Chinese domestic cobalt sulfate price hit a fresh low for 2019 mid-week amid persistent selling pressure among producers who are mostly struggling to break even, sources said.Fastmarkets' assessment of the price for Chinese cobalt sulfate fell to 44,500-45,500 yuan ($6,444-6,589) per tonne on Wednesday May 22, down from 46,000-48,000 yuan per tonne previously. This placed the assessment at its...Read More

Energy storage to boost copper demand by 2.3mln tpy over next decade, analyst says

May 24, 2019 / Staff reporter

Energy storage in mobility and stationary storage applications will increase annual copper demand by 2.3 million tonnes by 2029, according to an analyst at research and consulting firm IDTechEx.Na Jiao said that total cumulative copper demand in energy storage over the next decade will be just over nine million tonnes. Energy storage - and battery technology in particular - is often seen as having...Read More

Vale, CCCC to build steel rolling mill in Brazil by 2023

May 24, 2019 / Staff reporter

China Communications Construction Co (CCCC) plans to build a steel rolling mill by 2023 in Marab, a city in the Brazilian northern state of Par, through its local subsidiary Concremat, the company said on Thursday May 23.Iron ore producer Vale will be involved as well, ensuring collateral for the project funding, the miner stated. The unit will need around 1.5 billion Reais ($371 million) in capit...Read More

EUROPE HRC: Prices steadier as market mood becomes cautiously positive

May 24, 2019 / Staff reporter

The negative trend in prices in the EU market for hot-rolled coil (HRC) has softened and prices have now stabilized, market sources told Fastmarkets on Thursday May 23.Domestic prices might start to recover slowly in the second half of June, some market participants added.Some European flat steel producers, including ArcelorMittal and Marcegaglia, have increased their official offers of HRC while...Read More

FOCUS: Turkish steel mills should avoid price hikes following US import tariff cut, traders say

May 24, 2019 / Staff reporter

The United States' reduction of tariffs on Turkish steel imports to 25% from 50% last week will only partially reopen the US market to Turkish mills, who should avoid raising prices if they are to successfully regain a share in that market, several sources told Fastmarkets this week. The US has lowered its tariffs on steel imports from Turkey to 25% effective Friday May 17. Duties had been at...Read More

IN CASE YOU MISSED IT: 5 key stories from May 23

May 24, 2019 / Staff reporter

Here are five Fastmarkets MB stories you might have missed on Thursday May 23 that are worth another look.South32's decision to review the future of its manganese alloy assets comes as little surprise to fellow manganese alloy producers because they are likely to be considering similar options. The United States' reduction of tariffs on Turkish steel imports to 25% from 50% last week will only par...Read More

Brazilian steel consumption down 1.5% in April, Ao Brasil says

May 24, 2019 / Staff reporter

Brazilian steel demand decreased further in April, demonstrated by lower volumes of flat-rolled products sold in the market and despite a recovery in the long-rolled market, national steel association Instituto Ao Brasil said on Thursday May 23. Steel demand has now fallen for two consecutive months, following a drop of 1.6% in March. Steel apparent consumption was 1.67 million tonnes in April, 1....Read More

TURKEY LONG STEEL: Weak lira keeps pushing domestic prices upward

May 24, 2019 / Staff reporter

The weakening of Turkey's lira against the US dollar has pushed up the domestic prices for rebar and wire rod despite sluggish demand over the past week, sources said on Thursday May 23.Fastmarkets' weekly price assessment for domestic rebar in Turkey on Thursday was TRY3,330-3,420 ($547-561) per tonne ex-works, up from last week's TRY3,250-3,350 per tonne ex-works.The mills in the Izmir region we...Read More

DAILY SCRAP REPORT: Prices jump upward as Turkish mills rejoin market

May 24, 2019 / Staff reporter

The Turkish steel producers have broken their silence in the deep-sea scrap markets with prices increasing sharply, sources said on Thursday May 23.Four steel mills booked deep-sea cargoes from various sources late on Wednesday and on Thursday.A steel mill in the Marmara region booked a US cargo, comprising 20,000 tonnes of HMS 1&2 (80:20) at $310 per tonne and 5,000 tonnes of shredded at $315 per...Read More

IRON ORE DAILY: Seaborne prices correct downward but demand still strong

May 24, 2019 / Staff reporter

Seaborne iron ore prices went through corrections on Thursday May 23 after jumping to more than $105 per tonne cfr China a day earlier, but Chinese steelmakers' demand for the material remained robust.MB 62% Fe Iron Ore Index: $103.79 per tonne cfr Qingdao, down by $1.99 per tonne.MB 62% Fe Pilbara Blend Fines Index: $101.98 per tonne cfr Qingdao, down by $1.99 per tonne.MB 62% Fe Iron Ore Index-L...Read More