NON-FERROUS WEEK IN BRIEF: Escondida strike looms; LME warehousing under threat; KME to take over copper competitor; manganese flake price rally

Metal Bulletin rounds up some of the key news and price moves across the global metal markets this week.

Base metals The main union at Escondida, the world’s largest copper mine, has rejected the company’s latest contractual offer and threatened to strike if BHP do not make substantial changes to its wage offer. Two companies have exited the London Metal Exchange warehousing business in the past month while others have significantly reduced their involvement, highlighting concerns over the growing unprofitability of the sector and the lack of on-exchange stock liquidity. Reuben Brothers is...

Published

Myurun Waran

July 13, 2018

17:20 GMT

London