Almost 1 million tonnes of aluminium extrusions
are being stored by a company in Mexico, causing concern to producers across the border in the USA, even though the material does not qualify for preferential treatment
under the North American free trade agreement.
Will aluminium premiums in Europe fall this year? Most in the market say they think not. Find out more here
Anglo American is looking to sell platinum, copper and nickel assets. Find out more here
A detailed reading of MMG’s regulatory filing by Metal Bulletin’s Shivani Singh showed that an independent technical reviewer said the 400,000-450,000 tpy Las Bambas project is likely to be pushed back slightly
to the second half of next year.
After almost 30 years ceo and chairman of Scandinavian Steel Kent Lowenberg
— "more of a conductor" than a traditional md — is looking to sell the company, and aims to give a percentage of the firm to six traders at the same time.
Copper spreads moved to contango from backwardation for one day last month. What happened and why? Metal Bulletin’s Mark Burton gets to the bottom of what was going on here
Anybody selling into the hole that news of the Qingdao probe
opened up last month is likely to be regretting it now: the Shanghai copper market has tightened up
and outright prices
on the London Metal Exchange have strengthened too.
Still, what was uncovered in Qingdao continues to reverberate
, as a report from Deepali Sharma in Singapore made clear last week.
For the best part of recent years, markets have focused on the effect of big banks pulling back from commodities. Citi though has made plain it is, in the words of one senior executive, going counter-cyclical
and is looking to boost its presence in metals and energy markets.
A change in payment terms by a large Chinese steel mill is putting pressure on alloy producers. Find out what happened here
Andrea Hotter talked backwardated markets and beta with the head of commodities at S&P Dow Jones Indices. Discover what’s being rolled out in commodity indices here
Metal Bulletin concluded its series on China’s hedge funds with 14 key points about these large speculators and a short video. Read here
and watch here
One from the archive: Andrea Hotter carried out a detailed interview with Red Kite hedge fund founder Mike Farmer earlier this year. If you missed it then, you can see it here
Commodities trader Jim Rogers didn’t make a fortune by not being prescient: here he is back in 2008
, and here are his latest thoughts
Metal Bulletin has reviewed its cobalt pricing, and will continue to publish prices based on its reporters' assessments