Brazilian bank BTG Pactual has received the London Metal Exchange’s approval to set up warehousing operations in Singapore, the bank’s third worldwide.
Novelis expects sales of aluminium beverage cans in Brazil to have crossed the two billion mark over the four weeks of the FIFA World Cup, an increase of 35% from the same period of last year, the company said on Friday July 11.
Tighter scrutiny, competition from other markets and a relatively slow economic growth have constricted the flow of copper scrap into China, market participants have told Metal Bulletin.
European secondary aluminium producers are re-evaluating their summer shutdown plans in light of huge demand from end-users, and some have abandoned them altogether.
Copper prices rallied in kerb trading on the London Metal Exchange on Wednesday June 25.
COMMENT: Ten things we learned during Asia Copper Week in Shanghai
Treatment and refining charges (TC/RCs), scrap availability and the heroes of table tennis were among the issues discussed during Asia Copper Week in China. Here are the ten things we learned.
SPOTLIGHT: Borders of primary, secondary and Al scrap grow 'more complex'
Metal Bulletin polled the aluminium market to find out how rolling mills’ and extruders’ increased purchases of primary metal will affect the market, and what might unwind the situation.
LETTER TO METAL BULLETIN: Response to South African scrap article
This letter refers to the Metal Bulletin article "South Africa's scrap, foundry industries face sweeping changes", published on August 15.
Has the Fanya Metal Exchange removed volatility from the minor metals markets?
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