Base metalshttp://www.metalbulletin.com/RSS.aspx?FeedID=1834©2019 MB60Base metalsLIVE FUTURES REPORT 21/01: Mixed trading continues as uncertainty about China buildsThe base metals complex showed mixed results in afternoon trading on Monday January 21, with London Metal Exchange-three month prices for copper, aluminium and nickel failing to live up to last week’s universal closing rally. http://www.metalbulletin.com/Article/3854840/LIVE-FUTURES-REPORT-2101-Mixed-trading-continues-as-uncertainty-about-China-builds.htmlMon, 21 Jan 2019 18:10:00 GMTSandfire submits $81mln offer for copper junior MODCopper-gold miner Sandfire Resources has submitted an offer of $80.8 million for fellow copper explorer MOD Resources, both companies announced on Monday January 21. http://www.metalbulletin.com/Article/3854835/Sandfire-submits-81mln-offer-for-copper-junior-MOD.htmlMon, 21 Jan 2019 17:22:00 GMTLIVE FUTURES REPORT 21/01: Base metals have mixed morning after Chinese data releaseBase metals on the London Metal Exchange complex consolidated in mixed morning trading on Monday 21 January, while market focus shifted to China’s fourth-quarter data release.http://www.metalbulletin.com/Article/3854717/LIVE-FUTURES-REPORT-2101-Base-metals-have-mixed-morning-after-Chinese-data-release.htmlMon, 21 Jan 2019 10:40:00 GMTChina’s ‘looser’ aluminium winter cuts has limited effect after 7.4% increase in total output in 2018 China produced 35.8 million tonnes of aluminium in 2018, up 7.4% year on year, according to data released by China’s Statistics Bureau on Monday January 21, suggesting the annual winter production cuts did little to slow output in the country. http://www.metalbulletin.com/Article/3854709/Chinas-looser-aluminium-winter-cuts-has-limited-effect-after-74-increase-in-total-output-in-2018.htmlMon, 21 Jan 2019 10:20:00 GMTSHFE vs LME physical arbitrage 21/01: Copper, aluminium, zinc, nickelArbitrage for copper, aluminium, zinc and nickel imported into China on Monday January 21 *http://www.metalbulletin.com/Article/3854714/SHFE-vs-LME-physical-arbitrage-2101-Copper-aluminium-zinc-nickel.htmlMon, 21 Jan 2019 09:40:00 GMTMETALS MORNING VIEW 21/01: Metals prices hold up well despite China's weak GDPDespite weak Chinese gross domestic product (GDP) data that showed fourth quarter 2018 growth of 6.4%, after 6.5% in the prior quarter, the three-month base metals prices on the London Metal Exchange were for the most part holding up relatively well on Monday January 21, with prices just off slightly. http://www.metalbulletin.com/Article/3854710/METALS-MORNING-VIEW-2101-Metals-prices-hold-up-well-despite-Chinas-weak-GDP.htmlMon, 21 Jan 2019 08:50:00 GMTLIVE FUTURES REPORT 21/01: US-China trade optimism continues to buoy SHFE base metals pricesBase metals prices, barring those for tin, on the Shanghai Futures Exchange were up during Asian morning trading on Monday January 21, with residual optimism over trade talks between China and the United States helping to offset some weak Chinese data earlier this morning.http://www.metalbulletin.com/Article/3854706/LIVE-FUTURES-REPORT-2101-US-China-trade-optimism-continues-to-buoy-SHFE-base-metals-prices.htmlMon, 21 Jan 2019 05:00:00 GMTGLOBAL ALUMINIUM BILLET WRAP: Weak fundamentals pressure global spot premiums; participants await Rusal developmentsGlobal aluminium billet premiums were flat or lower on Friday January 18, with market participants citing ample availability of material and lackluster demand as the main reasons behind the moves.http://www.metalbulletin.com/Article/3854642/GLOBAL-ALUMINIUM-BILLET-WRAP-Weak-fundamentals-pressure-global-spot-premiums-participants-await-Rusal.htmlMon, 21 Jan 2019 02:53:00 GMTChina Molybdenum raises stake in DRC copper-cobalt Tenke mine China Molybdenum has raised its stake in the Tenke copper-cobalt mine in Democratic Republic of Congo (DRC) despite the policy uncertainties arising from the recent political turmoil. http://www.metalbulletin.com/Article/3854636/China-Molybdenum-raises-stake-in-DRC-copper-cobalt-Tenke-mine.htmlFri, 18 Jan 2019 22:37:00 GMTUS non-ferrous auto shred price pressured by supply concernsPressure is mounting in the non-ferrous auto shred (twitch) market in the United States, with suppliers and consumers in strong negotiations for material next month.http://www.metalbulletin.com/Article/3854649/US-non-ferrous-auto-shred-price-pressured-by-supply-concerns.htmlFri, 18 Jan 2019 19:07:00 GMTLIVE FUTURES REPORT 18/01: Focus on US-China trade talks as nickel rises 1.9%Prices in the base metals complex consolidated higher at the close of trade on Friday January 18 amid continued optimism about trade talks between the United States and China, and increased bullish sentiment overall. http://www.metalbulletin.com/Article/3854640/LIVE-FUTURES-REPORT-1801-Focus-on-US-Chinatrade-talks-as-nickel-rises-19.htmlFri, 18 Jan 2019 19:05:00 GMTBATTERY RAW MATERIALS MARKET REPORT 18/01: Cobalt supply availability pushes price lowerAn overview of the battery raw materials markets and their price moves from the past week. http://www.metalbulletin.com/Article/3854597/BATTERY-RAW-MATERIALS-MARKET-REPORT-1801-Cobalt-supply-availability-pushes-price-lower.htmlFri, 18 Jan 2019 17:49:00 GMTPEOPLE MOVES: Trevali CEO Mark Cruise resigns Canadian zinc miner Trevali is set for broad leadership changes after Mark Cruise stepped down as president and chief executive officer, it said on Thursday January 17. http://www.metalbulletin.com/Article/3854564/PEOPLE-MOVES-Trevali-CEO-Mark-Cruise-resigns.htmlFri, 18 Jan 2019 16:54:00 GMTLIVE FUTURES REPORT 18/01: Comex copper price extends positive momentum The Comex copper price continued to move higher on Friday January 18 ahead of the US public holiday amid a short-covering rally. http://www.metalbulletin.com/Article/3854544/LIVE-FUTURES-REPORT-1801-Comex-copper-price-extends-positive-momentum.htmlFri, 18 Jan 2019 15:49:00 GMTPEOPLE MOVES: Jiangxi Copper appoints new general manager after six-month vacuum Jiangxi Copper has appointed Zheng Gaoqing as its new general manager after the key leadership position had been left vacant for six months, the major Chinese copper producer said on Friday January 18. http://www.metalbulletin.com/Article/3854545/PEOPLE-MOVES-Jiangxi-Copper-appoints-new-general-manager-after-six-month-vacuum.htmlFri, 18 Jan 2019 15:38:00 GMTAlcoa forecasts 2019 alumina surplus on China production rises [CORRECTED]United States-based Alcoa, the world’s eighth-largest aluminium producer, has forecast a surplus of alumina in 2019 while it increases aluminium metal shipments. http://www.metalbulletin.com/Article/3854438/Alcoa-forecasts-2019-alumina-surplus-on-China-production-rises-[CORRECTED].htmlFri, 18 Jan 2019 15:20:00 GMTSHFE STOCKS REPORT 18/01: Zinc, copper and lead stocks up due to thin trades ahead of Chinese Lunar New Year Copper, zinc and lead stocks on the Shanghai Futures Exchange were up week on week on Friday January 18 in a quiet trading week in China, while aluminum, nickel and tin stocks fell. http://www.metalbulletin.com/Article/3854489/SHFE-STOCKS-REPORT-1801-Zinc-copper-and-lead-stocks-up-due-to-thin-trades-ahead-of-Chinese-Lunar-New.htmlFri, 18 Jan 2019 14:46:00 GMTMJP aluminium stocks up 7.2% in Dec vs Nov 2018 - Marubeni Primary aluminium stocks at the three main Japanese ports (MJP) climbed 7.2% month on month in December, based on data released by major Japanese trading house Marubeni on Friday January 18. http://www.metalbulletin.com/Article/3854487/MJP-aluminium-stocks-up-72-in-Dec-vs-Nov-2018-Marubeni.htmlFri, 18 Jan 2019 12:24:00 GMTLIVE FUTURES REPORT 18/01: LME base metals firmer amid rising US-China trade deal optimism; 22kt aluminium freshly canceled Growing optimism for a US-China trade agreement has prompted London Metal Exchange base metals prices to consolidate higher across the board in morning trading on Friday January 18, with zinc’s 1.3% increase leading the charge. http://www.metalbulletin.com/Article/3854493/LIVE-FUTURES-REPORT-1801-LME-base-metals-firmer-amid-rising-US-China-trade-deal-optimism-22kt.htmlFri, 18 Jan 2019 11:28:00 GMTSHFE vs LME physical arbitrage 18/01: Copper, aluminium, zinc, nickelThe arbitrage for copper, aluminium, zinc and nickel imported into China on Friday January 18*http://www.metalbulletin.com/Article/3854483/SHFE-vs-LME-physical-arbitrage-1801-Copper-aluminium-zinc-nickel.htmlFri, 18 Jan 2019 09:00:00 GMTMETALS MORNING VIEW 18/01: Metals prices strengthen while optimism on US-China trade deal growsGrowing optimism over the outlook for a trade agreement between the United States and China has led to a stronger tone across risk markets, including those for metals.http://www.metalbulletin.com/Article/3854481/METALS-MORNING-VIEW-1801-Metals-prices-strengthen-while-optimism-on-US-China-trade-deal-grows.htmlFri, 18 Jan 2019 08:40:00 GMTFOCUS: End in sight for Asian stainless steel price war Import prices for stainless steel in Asia appear to have stabilized after a six-month slump thanks to an uptick in demand, a recovery in the nickel market and a potential drop in Indonesian supply. http://www.metalbulletin.com/Article/3854474/FOCUS-End-in-sight-for-Asian-stainless-steel-price-war.htmlFri, 18 Jan 2019 07:35:00 GMTLIVE FUTURES REPORT 18/01: SHFE base metals prices rally on easing US-China trade tensions; tin dipsMost base metals prices on the Shanghai Futures Exchange were up during Asian morning trading on Friday January 18, with the complex benefiting from renewed optimism that US-China trade tensions may ease.http://www.metalbulletin.com/Article/3854476/LIVE-FUTURES-REPORT-1801-SHFE-base-metals-prices-rally-on-easing-US-China-trade-tensions-tin-dips.htmlFri, 18 Jan 2019 04:45:00 GMTRIO TINTO AT A GLANCE: Q4 production resultsSummary of Rio Tinto's fourth-quarter production results for the three months ended December 31, 2018: (Rio Tinto share unless otherwise indicated, year-on-year change)http://www.metalbulletin.com/Article/3854466/RIO-TINTO-AT-A-GLANCE-Q4-production-results.htmlFri, 18 Jan 2019 01:15:00 GMTIN CASE YOU MISSED IT: 5 key stories from January 17Here are five Fastmarkets MB stories you might have missed on Thursday January 17 that are worth another look.http://www.metalbulletin.com/Article/3854447/IN-CASE-YOU-MISSED-IT-5-key-stories-from-January-17.htmlFri, 18 Jan 2019 00:05:00 GMTUS copper scrap market moves closer to balanceThe copper and brass scrap markets in the United States are shifting back toward a supply-demand balance, but availability of some high-grade copper scrap items remains tight and continues to pressure spreads.http://www.metalbulletin.com/Article/3854464/US-copper-scrap-market-moves-closer-to-balance.htmlThu, 17 Jan 2019 22:23:00 GMTBNP Paribas applies for LME category II membershipFrench international banking group BNP Paribas has applied for category II membership of the London Metal Exchange, according to a notice released to members on Thursday January 17. http://www.metalbulletin.com/Article/3854445/BNP-Paribas-applies-for-LME-category-II-membership.htmlThu, 17 Jan 2019 19:18:00 GMTLIVE FUTURES REPORT 17/01: LME base metals consolidate in mixed trading; zinc futures up 2%Base metals prices on the London Metal Exchange were mixed at the close of trading on Thursday January 17, with zinc futures climbing just under 2% while positive trading in aluminium resulted in the metal’s moderate volume the highest in today’s trading. http://www.metalbulletin.com/Article/3854442/LIVE-FUTURES-REPORT-1701-LME-base-metals-consolidate-in-mixed-trading-zinc-futures-up-2.htmlThu, 17 Jan 2019 18:00:00 GMTGresik copper smelter resumes partial operationsIndonesia’s Gresik 300,000 tpy copper smelter has yet to resume full operations after an earlier maintenance shutdown caused by an oxygen plant issue, Fastmarkets has learned. http://www.metalbulletin.com/Article/3854325/Gresik-copper-smelter-resumes-partial-operations.htmlThu, 17 Jan 2019 15:20:00 GMTLIVE FUTURES REPORT 17/01: Comex copper price fails to maintain midweek gains The Comex copper price reversed lower in the US morning on Thursday January 17 with the market unable to find solid direction amid a lack of news on trade developments between the United States and China. http://www.metalbulletin.com/Article/3854359/LIVE-FUTURES-REPORT-1701-Comex-copper-price-fails-to-maintain-midweek-gains.htmlThu, 17 Jan 2019 15:11:00 GMT