Base metals©2017 MB60Base metalsPEOPLE MOVES: Base metals trader Lina Farida leaves Kyen Resources Tin, zinc and aluminium physical trader Lina Farida has left Singaporean trading house Kyen Resources, Metal Bulletin understands., 27 Mar 2017 11:44:00 GMTPRICING NOTICE: No SHFE vs LME arbitrage calculation on 27/03Metal Bulletin’s daily base metals arbitrage cannot be calculated for Monday March 27 as the London Metal Exchange is having technical issues with its price feed following a roll out of LMEselect 9.0 at the weekend., 27 Mar 2017 10:51:00 GMTScrap discounts narrow after copper prices retreatDiscounts offered on imported copper scrap have narrowed after copper prices retreated from the highs reached in mid-February, while discounts against exchange prices have also declined compared with last month, market participants told Metal Bulletin., 27 Mar 2017 10:10:00 GMTZijin Mining reports 11% rise in net profit Diversified miner Zijin Mining’s net profit rose 11% year-on-year to 1.84 billion yuan ($267.5 million) in 2016 due to strong production performance and higher commodity prices., 27 Mar 2017 09:56:00 GMTSpread log March 2017: AluminiumThe European aluminium spread log, 27 Mar 2017 09:55:00 GMTMetals industry gives cautious welcome to conflict minerals voteThe European Union (EU) non-ferrous metals industry is pleased that following the European Parliament’s adoption of the conflict mineral regulation (CMR), policy makers can now move from political discussions to actual implementation of controls on trades in metal from areas marred by civil strife., 27 Mar 2017 08:12:00 GMTFREE WEB SEMINAR: Managing price risk and volatility in the bauxite and alumina marketsMetal Bulletin is hosting a free web seminar on Tuesday March 28 at 9am London time to discuss recent price moves in the alumina market, developments in bauxite, and the applications of its benchmark alumina index., 27 Mar 2017 07:00:00 GMTEUROPEAN MORNING BRIEF 27/03: CSPT Q2 price floor; zinc forecast; China Zhongwang earningsGood morning from Metal Bulletin’s offices in Asia, bringing the latest news and pricing stories on Monday March 27., 27 Mar 2017 06:00:00 GMTLIVE FUTURES REPORT 27/03: SHFE copper prices dip as work resumes at EscondidaBase metals traded on the Shanghai Futures Exchange were all in negative territory during Asian morning trading on Monday March 27, with copper prices down by 1.6% as workers at the world’s largest copper mine, BHP Billiton’s Escondida in Chile, ended their strike on Saturday., 27 Mar 2017 05:05:00 GMTCSPT slashes Q2 copper concs price floor by 11% to $80/8cMajor Chinese copper smelters have set a second quarter price floor for the purchase of copper concentrate in the spot market at $80 per tonne and 8 cents per lb, Metal Bulletin has learnt., 27 Mar 2017 04:00:00 GMTLIVE FUTURES REPORT 24/03: LME aluminium, zinc close positively; rest of complex lower Aluminium and zinc were the only metals to end the week in positive territory on Friday March 24 trading., 24 Mar 2017 17:33:00 GMTNON-FERROUS WEEK IN BRIEF: Autilla makes grab for base metals; lead cancellations; navigating the Mifid II minefieldA round-up of just some of the news covered by Metal Bulletin journalists over the past week in the non-ferrous markets., 24 Mar 2017 17:25:00 GMTMilpo withdraws from development of Michiquillay copper mine in PeruVotorantim’s Milpo has withdrawn from the Michiquillay copper mining project in northern Peru, one of the most important in the country., 24 Mar 2017 15:47:00 GMTASIAN FERRO-ALLOYS CONF: Hot topics in the nickel market As Metal Bulletin’s annual Asian Ferro-Alloys Conference concludes in Hong Kong, we look at the top points of discussion among delegates that participate in the nickel market., 24 Mar 2017 15:27:00 GMTChina Zhongwang revenue climbs 3.2% y-o-y in 2016China Zhongwang Holdings Ltd recorded total revenue of 16.7 billion yuan ($2.4 billion) for 2016, a year-on-year increase of 3.2%, according to a report filed with Hong Kong Exchanges and Clearing on Friday March 24., 24 Mar 2017 13:05:00 GMTNORTH AMERICAN MORNING BRIEF 24/03: China copper exports; Philippine mine closure update; Asian Ferro-Alloys Conf coverage Key news and price moves to get you off to a good start during the North American morning on Friday March 24., 24 Mar 2017 12:23:00 GMTLIVE FUTURES REPORT 24/03: LME base metals consolidate; Escondida strike news priced inBase metals were in consolidation mode on the London Metal Exchange on the morning of Friday March 24, with investors sidelined in lacklustre trading conditions., 24 Mar 2017 11:48:00 GMTChina’s refined copper exports rocket in February China’s refined copper exports surged by over 300% year-on-year in February, answering market speculation over the source of rising London Metal Exchange stocks seen in early March., 24 Mar 2017 11:28:00 GMTASIAN FERRO-ALLOYS CONF: Nickel stocks falling but no real market tightness seen for years – Metal Bulletin ResearchChinese nickel stocks are falling but not to a great enough extent to generate significant upward pressure on prices, delegates learned at Metal Bulletin’s Asian Ferro-alloys conference in Hong Kong on Wednesday March 22., 24 Mar 2017 11:23:00 GMTASIAN FERRO-ALLOYS CONF: High stock levels cap nickel’s upside; Southeast Asian supply issues just ‘noise’ – Metal Bulletin ResearchHigh stock levels are likely to cap nickel’s upside this year, delegates learned at Metal Bulletin’s Asian Ferro-alloys conference in Hong Kong on Wednesday March 22., 24 Mar 2017 10:44:00 GMTChalco revenue up 16.7% y-o-y in 2016 on higher trading volumesRevenue at Aluminium Corp of China Ltd (Chalco) rose 16.68% last year primarily because of higher trading volumes, it said in its annual report on Friday March 24., 24 Mar 2017 10:11:00 GMTLIVE FUTURES REPORT 24/03: SHFE aluminium stocks up 3.2%; copper down 3.9%Aluminium inventories at Shanghai Futures Exchange-approved warehouses have risen by 10,260 tonnes or 3.2% over the past week to 326,597 tonnes as of Friday March 24, the biggest increase among the SHFE base metals., 24 Mar 2017 09:20:00 GMTSHFE vs LME physical arbitrage 24/03: Copper, aluminum, zinc, nickelArbitrage for copper, aluminium, zinc and nickel imported into China on Friday March 24*, 24 Mar 2017 09:15:00 GMTMines scheduled to shut by DENR drops to 22, PGMC escapes closureThe number of mining operations ordered to shut by the Philippine Department of Environment and Natural Resources (DENR) has been lowered to 22 from 23 previously, according to the government agency., 24 Mar 2017 08:45:00 GMTMETALS MORNING VIEW 24/03: Metals consolidate, PMI data may provide directionThe base metals are slightly weaker this morning, Friday March 24, with London Metal Exchange prices down an average of 0.3% as of 06:20 GMT., 24 Mar 2017 08:07:00 GMTALUMINA INDEX: Benchmark falls further on Chinese absence from the international marketBenchmark fob Australia alumina prices lost further ground over the past week as pessimism towards prices spread among market participants, mainly due to the realisation that Chinese buyers are unlikely to return to the international market in the near term., 24 Mar 2017 07:30:00 GMTEUROPEAN MORNING BRIEF 24/03: Escondida strike ends; Cerro Verde strike impact; lead output forecastGood morning from Metal Bulletin’s offices in Asia as we bring you the latest news and pricing stories on Friday March 24., 24 Mar 2017 05:00:00 GMTLIVE FUTURES REPORT 24/03: Most SHFE base metals lower; copper bucks trend despite easing of supply issuesBase metals on the Shanghai Futures Exchange were largely lower during Asian morning trading on Friday March 24, as the market digested conflicting market fundamentals. Tin and copper bucked the downward trend with the red metal inching higher despite the strike at Escondida ending., 24 Mar 2017 03:34:00 GMTStrike has no material impact on Cerro Verde's copper production, Freeport saysProduction at Freeport-McMoRan’s Cerro Verde copper mine in Peru has not been ‘materially impacted’ by a 13 day-long strike, the company said, while the union takes steps to extend the action until April., 24 Mar 2017 01:21:00 GMTEscondida workers end strike, decide to extend old wage contractStriking workers at BHP Billiton’s Escondida copper mine in Chile will return to work on Saturday March 25, after deciding to invoke a legal provision to extend their old wage contract., 24 Mar 2017 00:59:00 GMT