August 2016

Rolling LME/SHFE price report 30/08: Base metals prices down in kerb trading

Welcome to the rolling base metals price report, tracking the Shanghai Futures Exchange and London Metal Exchange markets on August 30.

Bankrupt Doe Run Peru given another year to find a buyer

Doe Run Peru’s board of creditors have approved an extension to the company’s liquidation process for another year, Peruvian energy and mines ministry MEM said.

LME copper stocks continue to rise on Asian deliveries

LME copper stocks rose again on Tuesday August 30, marking the sixth straight day of increases, and bringing stocks to 10-month highs.

SHFE vs LME physical arbitrage 30/08: Copper, aluminium, zinc, nickel

Arbitrage for copper, aluminium, zinc and nickel imported into China on Tuesday August 30*

EUROPEAN MORNING BRIEF 30/08: Aleris being acquired by Zhongwang; Philippines congressmen move bills for minerals exports ban

Good morning from Metal Bulletin’s offices in Asia, bringing the latest news and pricing stories on Tuesday August 30.

Tongling Nonferrous' H1 net profit drops 82% y-o-y

Shenzhen Stock Exchange-listed Tongling Nonferrous Metals Group reported an 82.48% net profit drop during the first six months of 2016 owing to lower metals and by-product prices, as well as a weaker Chinese currency during the period.

Rolling LME/SHFE price report 29/8: Copper ends Asian session little changed

Welcome to the rolling base metals price report, tracking the Shanghai Futures Exchange and London Metal Exchange markets on August 29.

EUROPEAN MORNING BRIEF 29/08: Codelco returns to profit; US aluminium scrap market softens; LME closed

Good morning from Metal Bulletin’s offices in Asia, bringing the latest news and pricing stories on Monday August 29.

Codelco's recovery 'fragile' despite returning to profit in Q2 - ceo

Codelco returned to profit in the second quarter of 2016 after two consecutive quarters in the red, but its ceo has warned that the company's recovery remains 'fragile'.

WEEK IN BRIEF: Glencore, South32 results; copper stocks; LME fees; alumina futures; ferro-chrome production; antimony prices

Metal Bulletin rounds up some of the key news and price moves from the past five days in the world’s metal markets.