Base metals©2017 MB60Base metalsWEEK IN REVIEW: Metals directionless during newsy weekCorrespondent Dalton Barker reviews the week in the non-ferrous metals markets., 26 May 2017 18:37:00 GMTBREAKING NEWS: Legal proceedings start in alleged nickel-related warehouse fraudNatixis has filed a lawsuit against brokerage Marex Spectron relating to an alleged multi-million-dollar warehousing fraud to recover losses incurred in this year’s nickel-related warehouse receipt forgery, Marex confirmed on Friday May 26., 26 May 2017 17:33:00 GMTLIVE FUTURES REPORT 26/05: LME copper price falls at close; Al stocks jump up in South Korea London Metal Exchange copper prices closed the day on Friday May 26 below their previous closing prices, having fallen back from three-week highs earlier., 26 May 2017 17:18:00 GMTNON-FERROUS WEEK IN BRIEF: PT Freeport strike; Almonty Industries; Ferroglobe; Cobalt 27; world magnesium conf Metal Bulletin rounds up some of the key news and price moves from the past week in the metals markets., 26 May 2017 16:01:00 GMTLIVE FUTURES REPORT 26/05: Comex copper retreats from three-week high; US data positiveComex copper prices returned to negative territory in the final trading session of the week, with prices normalising after an initial jump on Thursday due to supply disruptions., 26 May 2017 15:39:00 GMTPEOPLE MOVES: David Wilson leaves CitiDavid Wilson has left Citibank, sources told Metal Bulletin., 26 May 2017 15:28:00 GMTSHANGHAI DERIVATIVES MARKET FORUM: Eight things we learnedThe Shanghai Derivatives Market Forum, organised by the Shanghai Futures Exchange, was held on 25-26 May. Here’s what we learned at the event., 26 May 2017 15:18:00 GMTSHANGHAI DERIVATIVES MARKET FORUM: Macquarie highlights concerns over China capacity cut Capacity cuts in China are a major concern, Macquarie Commodities Research’s Asian commodity director, Ian Roper, said at the Shanghai Derivatives Market Forum this week., 26 May 2017 14:51:00 GMTPRICING NOTICE: Ferro-nickel monthly price assessment during China’s May public holidayMetal Bulletin will assess the ferro-nickel market on Wednesday May 31, rather than roll over the previous month’s price due to the Chinese public holiday on Monday May 29 as previously planned, due to the activity that has taken place over the past month., 26 May 2017 14:37:00 GMTSHANGHAI DERIVATIVES MARKET FORUM: Chinese aluminium alloys exports under pressure amid trade friction – Chinalco vp China’s aluminium alloys exports are under pressure amid international trade friction, vp of Aluminium Corp of China (Chinalco) Lu Dongliang said at the Shanghai Derivatives Market Forum on Thursday May 25., 26 May 2017 13:07:00 GMTMETAL BULLETIN DAILY PDFs Daily PDFs will be downloadable until Monday May 29. After that, because of the UK’s Spring bank holiday, the next daily PDF will be downloadable on Wednesday May 31., 26 May 2017 12:49:00 GMTSHANGHAI DERIVATIVES MARKET FORUM: Environmental protection policies influence metal – CNIAEnvironmental protection policies have a great influence on the metals industry, the director of the energy, conservation and environmental protection department of the China Nonferrous Metals Industry Assn, Shao Zhuqiang, told delegates at the Shanghai Derivatives Market Forum this week., 26 May 2017 12:28:00 GMTNORTH AMERICAN MORNING BRIEF 26/05: Chinese tin exports; global zinc supply; Nalco production targets The latest news and price developments to get you off to a good start in the North American morning on Friday May 26., 26 May 2017 12:00:00 GMTLIVE FUTURES REPORT 26/05: Grasberg layoffs support LME copper pricesLondon Metal Exchange base metal prices traded largely flat in low volumes over the morning of Friday May 26, with copper supported over $5,700 per tonne., 26 May 2017 11:24:00 GMTSHANGHAI DERIVATIVES MARKET FORUM: China’s changing tin export policy could be turning point for global tin market The global tin market is facing a turning point after China’s cancellation of its tin export duty and the possible introduction of a tin concentrate processing trade policy, ITRI China’s chief representative said at the Shanghai Derivatives Market Forum on Thursday May 25., 26 May 2017 11:24:00 GMTLIVE FUTURES REPORT 26/05: SHFE copper inventories rise slightly; zinc stocks plungeDeliverable copper stocks at Shanghai Futures Exchange-approved warehouses have risen 2,227 tonnes or 1.1% over the past week to 198,585 tonnes as of Friday May 26., 26 May 2017 10:50:00 GMTSHFE vs LME physical arbitrage 26/05: Copper, aluminium, zinc, nickelArbitrage for copper, aluminium, zinc and nickel imported into China on Friday May 26*, 26 May 2017 10:41:00 GMTSHANGHAI DERIVATIVES MARKET FORUM: ILZSG projects 250,000-tonne deficit for refined zinc in 2017The global refined zinc market will have a supply gap of 250,000 tonnes in 2017, Meng Jianbin, director of economics and environment at the International Lead and Zinc Study Group (ILZSG), said at the Shanghai Derivatives Market Forum this week., 26 May 2017 10:24:00 GMTNalco sets 'all-time high' aluminium, alumina, bauxite output targets for 2017-2018National Aluminium Co (Nalco) is targeting higher aluminium, alumina and bauxite production for its 2017-2018 fiscal year ending March 2018, the Indian firm announced on Thursday May 25., 26 May 2017 08:57:00 GMTLIVE FUTURES REPORT 26/05: LME base metals prices higher but oil drop checks gainsBase metals prices on the London Metal Exchange were higher at the start of trading in London on Friday May 26, but gains were checked by the drop in crude oil prices, a stronger dollar and thin volumes ahead of global holidays., 26 May 2017 08:35:00 GMTMETALS MORNING VIEW 26/05: Base metals edge higher, most look well placedBase metals prices are little changed this morning, Friday May 26, with three-month prices on the London Metal Exchange up an average of 0.2%., 26 May 2017 08:20:00 GMTEUROPEAN MORNING BRIEF 26/05: Paranapanema debt deal; NIF-union tensions easing; US copper scrap pricesGood morning from Metal Bulletin’s offices in Shanghai, bringing the latest news and pricing stories on Friday May 26., 26 May 2017 05:00:00 GMTLIVE FUTURES REPORT 26/05: Oil price drop puts lid on SHFE copper pricesBase metals prices on the Shanghai Futures Exchange were mostly lower during Asian morning trade on Friday May 26 with the drop in crude oil prices putting a lid on copper prices., 26 May 2017 04:10:00 GMTALUMINA INDEX: Scramble for material disguises finite underlying demand [CORRECTED]Spot alumina prices ticked higher this week, which reflected the return of Chinese smelters to the market, although trader enquiries could be giving a false impression of a squeeze, market participants said.[CORRECTED].htmlFri, 26 May 2017 02:55:00 GMTParanapanema to sign deal with creditors, announce new shareholder in JuneBrazilian copper producer Paranapanema is finalising a deal for a definitive debt restructuring and for fresh capital injection, which includes the entrance of a new international shareholder., 26 May 2017 02:35:00 GMTASIAN MORNING BRIEF 26/05: Copper prices up; Freeport fires workers; laterite forecast; Arconic board electedThe latest metals markets news and price moves for the start of the Asian day on Friday May 26., 26 May 2017 00:05:00 GMTLIVE FUTURES REPORT 25/05: LME copper price buoyed by Grasberg sackings; Al spreads tighten The three-month copper price was up at the close on Thursday May 25, buoyed by news that PT Freeport has laid off over 2,000 striking workers at its Grasberg mine., 25 May 2017 17:47:00 GMTArconic shareholders approve slate of directors proposed by company, Elliott Shareholders in Arconic Inc have elected the slate of directors proposed by both the company itself and activist shareholder Elliott Management Corp at its annual meeting., 25 May 2017 17:09:00 GMTFreeport fires workers at Grasberg after strike extends to second monthPT Freeport, the Indonesian subsidiary of US commodities conglomerate Freeport-McMoRan, has laid off over 2,000 striking workers at Grasberg, the world’s second largest copper mine, days after the union there said workers would down tools for a second month., 25 May 2017 15:55:00 GMTVotorantim’s zinc division reports higher Q1 earnings; aluminium falls Earnings at Votorantim SA’s zinc and by-products business grew 49% year-on-year in the first quarter of 2017, boosted by higher metals prices, the Brazil-based company said on Thursday May 25., 25 May 2017 15:08:00 GMT