Summary of BHP's production results for the three months ended September 30, 2018.(year-on-year change) Copper 409,000 tonnes, +1% Iron ore 61...Read More

Summary of Rio Tinto's production results for the three months ended September 30 (Rio Tinto share unless otherwise indicated, year-on-year change).Iron ore shipments (100% basis) 81.9 million tonnes, -5% Iron...Read More

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

Iranian exporters of steel billet and slab continued to cut prices in the week ended Wednesday October 17 in their attempts to win deals in the current unfavorable market conditions.One of the major factors in this was the regime of economic sanctions imposed by the United States on the Middle Eastern nation in early August.The United Arab Emirates was formerly a significant buyer of Iran-origin b...Read More

Base metals prices on the London Metal Exchange were mostly trading lower at the close on Wednesday October 17, with sentiment in the market weakening, but zinc continued to outperform. Three-month lead, aluminium and tin prices all started the day in positive territory but weakened this afternoon, while nickel was down 1.2% due to a lack of directional news for the near term. Aluminium prices dip...Read More

The latest news and price moves to start the Asian day on Thursday October 18.Base metals prices on the London Metal Exchange were mostly trading lower at the close on Wednesday October 17, with sentiment in the market weakening although zinc continued to outperform. Read more in our live futures report.Here are how prices looked at the close of trading:Concerns are mounting over the potential hal...Read More

The latest metal markets news and price moves to start the North American day on Wednesday October 17.Base metals prices on the London Metal Exchange were mostly higher during morning trading, with aluminium shrugging off another huge delivery into LME-listed warehouses.Over 92,000 tonnes of aluminium was delivered into warehouses in Asia this morning - with the majority arriving in Port Klang.&nb...Read More

Good morning from Fastmarkets MB's offices in Asia as we bring you the latest news and pricing stories on Wednesday October 17.Base metals prices on the Shanghai Futures Exchange were broadly up during Asian morning trading on Wednesday after sentiment improved following strong gains in global equity markets.Check Metal Bulletin's live futures report here.Weakness was felt in aluminium premiums ar...Read More

Metal Bulletin reviews the major stories that have affected the steel market during the week ended Friday October 5.Raw materials The Singapore Exchange (SGX) will launch a high-grade iron ore derivative product to be settled against the daily MB 65% Fe iron ore index published by Fastmarkets. Subsequently, market participants hailed the decision, saying it will serve the burgeoning need for bette...Read More

Fastmarkets MB rounds up some of the key news and price moves across the global metal markets this week.Base metals In breaking news this afternoon, the US Treasury Department has further extended the expiration date of general licenses relating to UC Rusal until December 12.Codelco's Chuquicamata division will be running at reduced operating rates until mid-November following a technical fault at...Read More

Base metals prices on the London Metal Exchange were mostly trading lower at the close on Wednesday October 17, with sentiment in the market weakening, but zinc continued to outperform. Three-month lead, aluminium and tin prices all started the day in positive territory but weakened this afternoon, while nickel was down 1.2% due to a lack of directional news for the near term. Aluminium prices dip...Read More

Comex copper prices were slightly higher in morning trading on Wednesday October 17 with a rising dollar preventing any significant gain.The copper price for December settlement on the Comex division of the New York Mercantile Exchange gained 0.60 cents to $2.7855 per lb. "We are seeing very quiet conditions in metals so far this week; yesterday ended in a mixed...Read More

Seaborne iron ore prices went up on Wednesday October 17 amid bullish sentiment and a surge in the paper markets.MB 62% Fe Iron Ore Index: $73.36 per tonne cfr Qingdao, up by $1.86 per tonne.MB 62% Fe Pilbara Blend Fines Index: $72.39 per tonne cfr Qingdao, up by $1.86 per tonne.MB 62% Fe Iron Ore Index-Low Alumina: $78.75 per tonne cfr Qingdao, up by $2.05 per tonne.MB 58% Fe Premium Index: $61.4...Read More

LONDON, Oct 17 (Reuters) - British Prime Minister Theresa May and business minister Greg Clark met Ratan Tata, patriarch of the Indian Tata family, a few weeks ago as its car brand Jaguar Land Rover warns about the effect of Brexit and diesel policy, a government source said.The sprawling Tata conglomerate includes manufacturing, defence, aerospace, services and steel operations.Tata bought ailing...Read More

* U.S. crude stocks up 6.5 mln bbls in fourth weekly build -EIA* U.S. crude production dips to below 11 mln bpd* Trump gives Saudi benefit of doubt in journalist disappearance (Adds trade volumes, background)By David GaffenNEW YORK, Oct 17 (Reuters) - Oil prices fell on Wednesday, with U.S. futures settling below $70 a barrel for the first time in a month, after U.S. crude stockpiles rose 6.5 mill...Read More

* NSE index down 1.2 pct, BSE index ends 1.1 pct lower* Indiabulls Housing down 14.3 pct* Reliance Q2 results awaitedOct 17 (Reuters) - Indian shares ended more than one percent lower on Wednesday, dragged by financial stocks such as Indiabulls Housing Finance Ltd INBF.NS and Yes Bank Ltd YESB.NS amid liquidity concerns.The benchmark BSE index .BSESN closed 1.09 percent lower at 34,779.58 whil...Read More

(Adds company news items, futures)Oct 17 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 27 points higher at 7,087 on Wednesday, according to financial bookmakers, with FTSE 100 futures .FFIc1 up 0.4 percent ahead of the cash market open.* ASOS: British online fashion retailer ASOS ASOS.L narrowly beat forecasts with a 28 percent rise in 2017-18 profit, maintained guidance for its ne...Read More

Oct 17 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 27 points higher at 7,087 on Wednesday, according to financial bookmakers.* BHP: The world's biggest miner, BHP BLT.L BHP.AX , said on Wednesday its first-quarter iron ore production rose 8 percent on strong Chinese demand for high-grade ore, but cut its fiscal 2019 guidance for copper production, citing outages at key mines. ANG...Read More

Fastmarkets MB's nickel premiums were stable across all regions in the week to Tuesday October 16 in quiet trading conditions after the London Metal Exchange Week. Premiums in China were steady due to a closed import window and stock overhang.  European premiums were unchanged following the annual gathering of the metals market in London for LME Week.  Nickel premiums in the United Stat...Read More

The Turkish deep-sea scrap market remained silent again on Tuesday October 17, but a rise in the value of the Turkish lira and market rumors about changes to US import tariffs helped prices, according to market participants.The Turkish lira has continued to pick up this week, and was trading at TRY100 to $17.38 on October 17, up from TRY100 to $17.01 on October 15, according to Oanda.com.No deep-s...Read More