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Morning from Asia. Here's a summary of the main pieces of news, data and pricing so far today.
Nickel and zinc prices will be lifted by supply growth decline and eventually a likely fall in supply in absolute terms, according to Glencore ceo Ivan Glasenberg.
Glencore saw underlying earnings go up 8% in the half year to June 30 2014, thanks largely to the contribution from its growing copper business.
Copper prices on the London Metal Exchange held steady on Wednesday August 20 as uncertainty about the Chinese economy loomed with investors awaiting key Chinese data for direction.
BHP Billiton was trending in the commodities world this morning, not for the right reasons though as the market reacted negatively to the announcement of a demerger by the miner on Tuesday.
HOTTER ON METALS: Digging out of Jackson Hole
The annual Jackson Hole meeting kicks off this week, with a very diverse economic backdrop facing attendees.
ASIAN MORNING BRIEF: Key metal stories to start August 19
Metal Bulletin has wrapped up some of the key stories from the metal markets to get you off to a good start on Tuesday August 19.
COMMENT: BHP’s simplified strategy excludes South African manganese, aluminium operations
BHP Billiton has not yet communicated exactly which assets will be spun off into a separate company under its diversification focus strategy it announced last week.
Will Trafigura buy a bigger stake in Emed?
From Aluminium to Zinc...Search this free glossary on metals
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