Base metals prices fell still further during the kerb session on the London Metal Exchange on Thursday May 23.
US HMS 1 & 2 (80:20) scrap prices into Turkey could fall as low as $340 per tonne cfr in the near future, a Turkish steel producer told Metal Bulletin sister publication Steel First on Thursday May 23.
Hong Kong’s Securities and Futures Commission (SFC) has opened an investigation into suspected financial irregularities at the Hong Kong Mercantile Exchange (HKMEx), it announced on Tuesday May 23.
Oman's first ferro-chrome smelter, a joint venture between Muscat Overseas Group and India's Indsil Group, is set to start a trial run in June, a company official said on Thursday May 23.
Base metals prices drifted lower again during the official session on the London Metal Exchange on Thursday May 23, as poor PMI data from China emerged.
Will China’s Operation Green Fence mean a long-term change in scrap trade flows?
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MB APEX Q1 2013 BASE METALS: Investors jump ship to equities – Meir
Investors have been jumping ship from base metals in recent months, almost universally in favour of equities, according to Edward Meir, an analyst at INTL FCStone.
COMMENT: Fee increase sours the end of LME’s time with LCH.Clearnet
Separation and anger go hand-in-hand – just ask the dazed and confused suing their former partners for every penny in the divorce courts of London. Or ask brokers on the London Metal Exchange and LCH.Clearnet, which last Wednesday announced a tripling of fees for clearer members of the LME, and gave them a bare two weeks to prepare for it.
MB CENTENARY: The 1950s – a golden era
Although Britain's postwar difficulties were still in evidence in 1950, this was nevertheless the start of a golden era for Metal Bulletin subscriptions.
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Iron Ore and Steel Trading and Risk Management Training Course Asia Date: 29 May 13 - 31 May 13
8th Asian Stainless Steel Conference Date: 04 Jun 13 - 05 Jun 13
19th International Iron Ore Symposium Date: 09 Jun 13 - 11 Jun 13
VIDEO: KUC’s Bingham output slashed for 6 months After Kennecott Utah Copper’s Bingham Canyon mine suffered a massive wall slide on April 10, Metal Bulletin's Andrea Hotter took a trip out to Utah.
Andrew Caplan to head Glencore aluminium, alumina team, say sources Andrew Caplan will head the combined aluminium and alumina department of Glencore Xstrata after current aluminium head Gary Fegel leaves the company in the summer, according to market sources close to the company.
HOTTER ON METALS: The Bingham Canyon conundrum It’s going to take months for Kennecott Utah Copper’s Bingham Canyon mine to get back to normal after the wall slide on April 10.
MB's NEXT 100: Changes are coming thick and fast – Martin Abbott Martin Abbott, ceo of the London Metal Exchange and former editor of Metal Bulletin, talks about the LME’s aspirations – and its new capabilities
MB's NEXT 100: The challenges for aluminium in Brazil – Alcoa's Franklin Feder In the latest of the pieces that Metal Bulletin has commissioned to ponder the future, Franklin Feder, Alcoa's regional ceo for Latin America and the Caribbean, urges Brazil to assist its aluminium industry, especially by cutting its power costs.