Base metalshttp://www.metalbulletin.com/RSS.aspx?FeedID=1834©2020 MB60Base metalsIN CASE YOU MISSED IT: 5 key stories from February 20Here are five Fastmarkets stories you might have missed on Thursday February 20 that are worth another look.http://www.metalbulletin.com/Article/3919446/IN-CASE-YOU-MISSED-IT-5-key-stories-from-February-20.htmlFri, 21 Feb 2020 00:05:00 GMTLIVE FUTURES REPORT 20/02: LME zinc price tops losses in 1.3% slide; nickel closes below $12,700The three-month zinc price on the London Metal Exchange was lower at the close of trading on Thursday February 20, falling by more than 1% but holding above the nearby support level, while nickel failed to reduce its losses despite low turnover. http://www.metalbulletin.com/Article/3919426/LIVE-FUTURES-REPORT-2002-LME-zinc-price-tops-losses-in-13-slide-nickel-closes-below-12700.htmlThu, 20 Feb 2020 18:10:00 GMTALUMINA ROUND-UP: Australia fob index at five-month high on new China dealAlumina prices on an fob Australia basis have gone up over the past week due to a high-priced deal for material destined for China, but market participants were still searching for clarity on market conditions on Thursday February 20. http://www.metalbulletin.com/Article/3919418/ALUMINA-ROUND-UP-Australia-fob-index-at-five-month-high-on-new-China-deal.htmlThu, 20 Feb 2020 17:30:00 GMTEurope refined zinc consumption at 5-yr low, US at 5-yr high in 2019 - ILZSGEuropean refined zinc consumption fell to a five-year low in 2019, with refined production down to a three-year low, according to data released by the International Lead Zinc Study Group (ILZSG).http://www.metalbulletin.com/Article/3919310/Europe-refined-zinc-consumption-at-5-yr-low-US-at-5-yr-high-in-2019-ILZSG.htmlThu, 20 Feb 2020 16:20:00 GMTAnglo American 2019 copper output down slightly; Quellaveco on trackCopper output by global miner Anglo American was down slightly in 2019, which the company attributed to the year being one of the driest on record in Chile, it said on Thursday February 20. http://www.metalbulletin.com/Article/3919301/Anglo-American-2019-copper-output-down-slightly-Quellaveco-on-track.htmlThu, 20 Feb 2020 13:05:00 GMTLIVE FUTURES REPORT 20/02: Fresh inflows pressure LME nickel price below $12,800/t; Al sinks despite stock drawdownThe three-month nickel price on the London Metal Exchange was lower during morning trading on Thursday February 20, with price action pressured by continued inflows of material into LME-registered warehouses, while aluminium futures neared the $1,700-per-tonne support level. http://www.metalbulletin.com/Article/3919289/LIVE-FUTURES-REPORT-2002-Fresh-inflows-pressure-LME-nickel-price-below-12800t-Al-sinks-despite-stock.htmlThu, 20 Feb 2020 10:00:00 GMTMORNING VIEW: Markets focused on coronavirus developments, less so on impact to supply chainsEquity markets remain buoyant in Asia, but pre-market western equity indices have started to weaken, while metals are mixed this morning, Thursday February 20.http://www.metalbulletin.com/Article/3919280/MORNING-VIEW-Markets-focused-on-coronavirus-developments-less-so-on-impact-to-supply-chains.htmlThu, 20 Feb 2020 08:40:00 GMTSHFE to delist Norilsk Combine H-1 brand of nickel cathodeThe Shanghai Futures Exchange will delist the Norilsk Combine H-1 brand of refined nickel cathode produced by Russia’s Nornickel, effective from March 17, 2020, the bourse announced on Tuesday February 18.http://www.metalbulletin.com/Article/3919276/SHFE-to-delist-Norilsk-Combine-H-1-brand-of-nickel-cathode.htmlThu, 20 Feb 2020 08:25:00 GMTCoronavirus outbreak keeping China’s stainless steel market subdued China’s stainless steel market saw some activity over the past week following several weeks of stagnation as a result of the novel coronavirus (2019-nCoV) outbreak in the country. http://www.metalbulletin.com/Article/3919275/Coronavirus-outbreak-keeping-Chinas-stainless-steel-market-subdued.htmlThu, 20 Feb 2020 06:15:00 GMTLIVE FUTURES REPORT 20/02: Firm dollar pressures SHFE base metals pricesWith the exception of tin that was little changed, base metals prices on the Shanghai Futures Exchange were down at the close of morning trading on Thursday February 20, with the complex coming under pressure from a strengthening dollar index.http://www.metalbulletin.com/Article/3919277/LIVE-FUTURES-REPORT-2002-Firm-dollar-pressures-SHFE-base-metals-prices.htmlThu, 20 Feb 2020 04:48:00 GMTAlcoa gets ASI chain of custody certification as portfolio review continuesAlcoa Corp has been certified by the Aluminium Stewardship Initiative (ASI) to market products under ASI’s chain of custody standard. http://www.metalbulletin.com/Article/3919260/Alcoa-gets-ASI-chain-of-custody-certification-as-portfolio-review-continues.htmlThu, 20 Feb 2020 02:33:00 GMTIN CASE YOU MISSED IT: 5 key stories from February 19Here are five Fastmarkets stories you might have missed on Wednesday February 19 that are worth another look.http://www.metalbulletin.com/Article/3919265/IN-CASE-YOU-MISSED-IT-5-key-stories-from-February-19.htmlThu, 20 Feb 2020 00:05:00 GMTGLOBAL ZINC & LEAD WRAP: Europe, China premiums flat; US TCs benchmark talks continueThe broad availability of zinc warrants across Europe meant that physical premiums in the region were stable in the week to Tuesday February 18, while a similar abundance of Middle Eastern supply kept Indian lead premiums flat. http://www.metalbulletin.com/Article/3919122/GLOBAL-ZINC-and-LEAD-WRAP-Europe-China-premiums-flat-US-TCs-benchmark-talks-continue.htmlWed, 19 Feb 2020 19:58:00 GMTBASE METALS WARRANT REPORT 19/02A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday February 19. http://www.metalbulletin.com/Article/3919198/BASE-METALS-WARRANT-REPORT-1902.htmlWed, 19 Feb 2020 19:28:00 GMTLIVE FUTURES REPORT 19/02: LME Al price down on low turnover; nickel holds below $13,000/tThe three-month aluminium price on the London Metal Exchange was lower at the close of trading on Wednesday February 15, with daily trading volumes hitting a three-month low against reduced open interest, while nickel failed to test nearby resistance.http://www.metalbulletin.com/Article/3919247/LIVE-FUTURES-REPORT-1902-LME-Al-price-down-on-low-turnover-nickel-holds-below-13000t.htmlWed, 19 Feb 2020 18:10:00 GMTChinese buyers can apply for tariff exemptions on US copper, Al scrap imports from MarchChinese importers could be able to buy United States’ copper and aluminium scrap without the current 25% tariffs from July, China's Ministry of Finance Customs Department said in a notice on Tuesday February 18.http://www.metalbulletin.com/Article/3919234/Chinese-buyers-can-apply-for-tariff-exemptions-on-US-copper-Al-scrap-imports-from-March.htmlWed, 19 Feb 2020 17:30:00 GMTGLOBAL NICKEL WRAP: Lackluster demand maintains regional nickel premiumsNickel premiums in all regions continued to hold firm in the week to Tuesday February 18, after slack demand for nickel tempered spot market liquidity.http://www.metalbulletin.com/Article/3919113/GLOBAL-NICKEL-WRAP-Lackluster-demand-maintains-regional-nickel-premiums.htmlWed, 19 Feb 2020 16:38:00 GMTChina Copper locks in major concentrates deal with TCs in low $70s/t - sourcesOne of China's largest copper smelters has locked in a major deal for supply at a time of reduced demand due to a virus-led logistics lockdown in the country.http://www.metalbulletin.com/Article/3919152/China-Copper-locks-in-major-concentrates-deal-with-TCs-in-low-70st-sources.htmlWed, 19 Feb 2020 14:19:00 GMTMJP Al stocks continue decline in Jan; Nagoya stocks slump 6.5%Primary aluminium stocks at the three main Japanese ports (MJP) of Osaka, Nagoya and Yokohama fell 2.8% month on month at the end of January 2020, according to data released by major Japanese trading house Marubeni Corp. http://www.metalbulletin.com/Article/3919123/MJP-Al-stocks-continue-decline-in-Jan-Nagoya-stocks-slump-65.htmlWed, 19 Feb 2020 11:55:00 GMTLIVE FUTURES REPORT 19/02: Backwardation in LME lead spreads widens; Al price down despite 15kt outflowThe London Metal Exchange base metals, except tin, were subject to stock moves in the morning session on Wednesday February 19, with LME three-month prices demonstrating mixed consolidation.http://www.metalbulletin.com/Article/3919128/LIVE-FUTURES-REPORT-1902-Backwardation-in-LME-lead-spreads-widens-Al-price-down-despite-15kt-outflow.htmlWed, 19 Feb 2020 10:40:00 GMTGLOBAL COPPER WRAP: Chinese premiums edge upward; European, US markets unchangedSentiment in the Chinese copper market improved over the past week after more participants returned to work following extended holidays, resulting in growing expectations for a recovery in demand that allowed Shanghai premiums to creep upward on Tuesday February 18.http://www.metalbulletin.com/Article/3919110/GLOBAL-COPPER-WRAP-Chinese-premiums-edge-upward-European-US-markets-unchanged.htmlWed, 19 Feb 2020 10:15:00 GMTMORNING VIEW: Markets recover after Tuesday’s broad market dip; base metals prices mixedAfter the broad-based dip on Tuesday February 18 that was partially triggered by Apple’s sales warning, markets have recovered on Wednesday with equity indices in Asia stronger, as are pre-market western equity indices.http://www.metalbulletin.com/Article/3919114/MORNING-VIEW-Markets-recover-after-Tuesdays-broad-market-dip-base-metals-prices-mixed.htmlWed, 19 Feb 2020 08:25:00 GMTLIVE FUTURES REPORT 19/02: SHFE base metals prices mixed; Ni underperforms againBase metals prices on the Shanghai Futures Exchange were mixed at the close of morning trading on Wednesday February 19, with recent Chinese stimulus measures providing slight support to the complex while worries about the economic impact of the novel coronavirus (2019-nCoV) outbreak continue to loom.http://www.metalbulletin.com/Article/3919107/LIVE-FUTURES-REPORT-1902-SHFE-base-metals-prices-mixed-Ni-underperforms-again.htmlWed, 19 Feb 2020 04:50:00 GMTGLOBAL ALUMINIUM WRAP: South Korean premiums tick up, rates elsewhere flatMost regional spot aluminium premiums were flat on Tuesday February 18 on steady fundamentals, though premiums in South Korea edged up on stronger demand and tighter supply in that country.http://www.metalbulletin.com/Article/3919072/GLOBAL-ALUMINIUM-WRAP-South-Korean-premiums-tick-up-rates-elsewhere-flat.htmlWed, 19 Feb 2020 04:26:00 GMTIN CASE YOU MISSED IT: 5 key stories from February 18Here are five Fastmarkets stories you might have missed on Tuesday February 18 that are worth another look.http://www.metalbulletin.com/Article/3919084/IN-CASE-YOU-MISSED-IT-5-key-stories-from-February-18.htmlWed, 19 Feb 2020 00:05:00 GMTWEEKLY BASE METAL PREMIUMS REPORT: 18/02A summary of base metals premiums from across the globe for the week to Tuesday February 18.http://www.metalbulletin.com/Article/3918996/WEEKLY-BASE-METAL-PREMIUMS-REPORT-1802.htmlTue, 18 Feb 2020 19:15:00 GMTBeijing bank applies for restructure of debt-ridden parent of trader Founder CommoditiesPeking Founder, owner of Chinese trader Founder Commodities, has been ordered to restructure just shortly before its bond due date this coming Friday, February 21. http://www.metalbulletin.com/Article/3919062/Beijing-bank-applies-for-restructure-of-debt-ridden-parent-of-trader-Founder-Commodities.htmlTue, 18 Feb 2020 18:15:00 GMTLIVE FUTURES REPORT 18/02: LME nickel price sheds 2.2% to close below $13,000/tLondon Metal Exchange three-month base metals prices, with the exception of lead, traded down at the close on Tuesday February 18, with any residual optimism capped by negative movements in global equities markets and restrictions in Chinese markets due to the novel coronavirus (2019-nCoV) outbreak.http://www.metalbulletin.com/Article/3919060/LIVE-FUTURES-REPORT-1802-LME-nickel-price-sheds-22-to-close-below-13000t.htmlTue, 18 Feb 2020 17:44:00 GMTIndonesia slashes Ni ore production; ramps up refined capacityIndonesia will reduce its nickel ore production by 52% year on year to 25 million wet metric tonnes (wmt) in 2020, according to the Indonesian Nickel Mining Association, while introducing four new domestic smelters to produce ferro-nickel and nickel pig iron (NPI) ahead of the domestic mineral ore export ban this year.http://www.metalbulletin.com/Article/3918988/Indonesia-slashes-Ni-ore-production-ramps-up-refined-capacity.htmlTue, 18 Feb 2020 17:14:00 GMTClimbing inventories pressure China aluminium priceIncreasing aluminium inventories pressured China’s aluminium price amid, generally, uninterrupted production from aluminium smelters and declining downstream demand as a result of the novel coronavirus (2019-nCoV) outbreak, several sources told Fastmarkets on Monday February 17.http://www.metalbulletin.com/Article/3918882/Climbing-inventories-pressure-China-aluminium-price.htmlTue, 18 Feb 2020 10:40:00 GMT