Base metalshttp://www.metalbulletin.com/RSS.aspx?FeedID=1834©2017 MB60Base metalsLIVE FUTURES REPORT 21/04: LME base metals prices close lower after disappointing week All base metals trading on the London Metal Exchange fell at the end of trading on Friday April 21 after a week which has seen some metals prices hit three-month lows. http://www.metalbulletin.com/Article/3711504/LIVE-FUTURES-REPORT-2104-LME-base-metals-prices-close-lower-after-disappointing-week.htmlFri, 21 Apr 2017 17:32:00 GMTNON-FERROUS WEEK IN BRIEF: LME ceo appointment; Arconic-Elliott spat; Shanghai copper premiums; Afarak FeCr production; Mn ore volatility; GTL refinery closureHere’s a round up of some of the key metal markets news and price moves covered by Metal Bulletin journalists over the past week. http://www.metalbulletin.com/Article/3711444/NON-FERROUS-WEEK-IN-BRIEF-LME-ceo-appointment-Arconic-Elliott-spat-Shanghai-copper-premiums-Afarak.htmlFri, 21 Apr 2017 17:09:00 GMTLIVE FUTURES REPORT 21/04: Comex copper fails to recover in final trading sessionComex copper prices were on track to end the trading week on a disappointing note, with poor physical demand outstripping positive Chinese data.http://www.metalbulletin.com/Article/3711440/LIVE-FUTURES-REPORT-2104-Comex-copper-fails-to-recover-in-final-trading-session.htmlFri, 21 Apr 2017 16:15:00 GMTWEEK IN REVIEW: Comex copper price stabilises on positive Chinese dataCorrespondent Dalton Barker reviews the week in the non-ferrous metals markets. http://www.metalbulletin.com/Article/3711438/WEEK-IN-REVIEW-Comex-copper-price-stabilises-on-positive-Chinese-data.htmlFri, 21 Apr 2017 15:53:00 GMTHOTTER ON METALS: Chamberlain’s ceo challengesMatthew Chamberlain has been appointed as the new ceo of the London Metal Exchange – after just over twelve weeks in the role on an interim basis.http://www.metalbulletin.com/Article/3711382/HOTTER-ON-METALS-Chamberlains-ceo-challenges.htmlFri, 21 Apr 2017 15:35:00 GMTINTERVIEW: Hedge funds must adapt if they want to survive – Gold Street Advisors ceoHedge funds need to transition to a new model or face closure as the industry struggles to handle various continuing disruptions, according to the ceo of Gold Street Advisors.http://www.metalbulletin.com/Article/3711254/INTERVIEW-Hedge-funds-must-adapt-if-they-want-to-surviveGold-Street-Advisors-ceo.htmlFri, 21 Apr 2017 13:20:00 GMTChamberlain appointed as new LME ceo Matthew Chamberlain has been named as the new ceo of the London Metal Exchange with immediate effect, parent company Hong Kong Exchanges & Clearing Limited (HKEX) and the LME announced on Friday April 21. http://www.metalbulletin.com/Article/3711248/Chamberlain-appointed-as-new-LME-ceo.htmlFri, 21 Apr 2017 12:58:00 GMTNORTH AMERICAN MORNING BRIEF 21/04: MMG copper production; Delong NPI furnace; Afarak boosts FeCr outputThe latest news and price moves from the metals markets for the start of the North American day on Friday April 21. http://www.metalbulletin.com/Article/3711210/NORTH-AMERICAN-MORNING-BRIEF-2104-MMG-copper-production-Delong-NPI-furnace-Afarak-boosts-FeCr-output.htmlFri, 21 Apr 2017 12:00:00 GMTOBITUARY: Former trader Joseph Leon Gollow dies at 85Former metals trader Joseph Leon Gollow passed away on Tuesday April 18 at the age of 85.http://www.metalbulletin.com/Article/3710710/OBITUARY-Former-trader-Joseph-Leon-Gollow-dies-at-85.htmlFri, 21 Apr 2017 11:59:00 GMTDelong’s first Indonesian NPI furnace starts productionChina-based Delong Nickel Industry Co’s first nickel pig iron (NPI) furnace at its Indonesian project, PT Virtue Dragon, came on stream on Thursday April 20, Metal Bulletin has learnt.http://www.metalbulletin.com/Article/3711119/Delongs-first-Indonesian-NPI-furnace-starts-production.htmlFri, 21 Apr 2017 10:30:00 GMTLIVE FUTURES REPORT 21/04: LME copper price rises; all other base metals drop slightly in morning trading Copper was the only base metal to see a price increase during morning trading on the London Metal Exchange on Friday April 21. http://www.metalbulletin.com/Article/3711171/LIVE-FUTURES-REPORT-2104-LME-copper-price-rises-all-other-base-metals-drop-slightly-in-morning.htmlFri, 21 Apr 2017 10:17:00 GMTSHFE vs LME physical arbitrage 21/04: Copper, aluminium, zinc, nickelArbitrage for copper, aluminium, zinc and nickel imported into China on Friday April 21*http://www.metalbulletin.com/Article/3711168/SHFE-vs-LME-physical-arbitrage-2104-Copper-aluminium-zinc-nickel.htmlFri, 21 Apr 2017 09:50:00 GMTLIVE FUTURES REPORT 21/04: SHFE copper inventories drop 11% on active spot trading Deliverable copper stocks at Shanghai Futures Exchange-approved warehouses have declined by 31,076 tonnes – or 11.5% – to 240,191 tonnes in the week to Friday April 21.http://www.metalbulletin.com/Article/3711138/LIVE-FUTURES-REPORT-2104-SHFE-copper-inventories-drop-11-on-active-spot-trading.htmlFri, 21 Apr 2017 09:32:00 GMTMETALS MORNING VIEW 21/04: Metals prices build on Thursday's gainsBase metals prices have managed to generally build on the gains from Thursday with three-month London Metal Exchange prices up an average of 0.4%, this morning, Friday April 21.http://www.metalbulletin.com/Article/3711134/METALS-MORNING-VIEW-2104-Metals-prices-build-on-Thursdays-gains.htmlFri, 21 Apr 2017 08:45:00 GMTMMG's Q1 copper concs output at record high on Las Bambas ramp-up; zinc concs output fallsMMG saw record high copper concentrate production of 111,684 tonnes in the January-March quarter this year - up 249% year-on-year - on a surge in output from its Las Bambas mine in Peru, the Australia-listed miner said in its production report on Friday April 21.http://www.metalbulletin.com/Article/3711118/MMGs-Q1-copper-concs-output-at-record-high-on-Las-Bambas-ramp-up-zinc-concs-output-falls.htmlFri, 21 Apr 2017 07:20:00 GMTEUROPEAN MORNING BRIEF 21/04: ICSG copper surplus; US copper scrap prices; Afarak FeCr outputGood morning from Metal Bulletin’s office in Singapore as we bring you the latest news and pricing stories on Friday April 21.http://www.metalbulletin.com/Article/3711123/EUROPEAN-MORNING-BRIEF-2104-ICSG-copper-surplus-US-copper-scrap-prices-Afarak-FeCr-output.htmlFri, 21 Apr 2017 05:45:00 GMTLIVE FUTURES REPORT 21/04: SHFE zinc rebounds as supply-side issues re-emergeBase metals traded on the Shanghai Futures Exchange were split during Asian morning trading on Friday April 21, with zinc, copper and aluminium pushing higher, while the rest trended downwards.http://www.metalbulletin.com/Article/3711116/LIVE-FUTURES-REPORT-2104-SHFE-zinc-rebounds-as-supply-side-issues-re-emerge.htmlFri, 21 Apr 2017 04:50:00 GMTHuludao Zinc’s net profits soar by 48% y-o-y in 2016 [CORRECTED]Huludao Zinc has posted net profits attributable to shareholders of 134 million yuan ($19.5 million) for 2016, up 48.07% from 2015, in its annual results published on Thursday April 20. http://www.metalbulletin.com/Article/3710798/Huludao-Zincs-net-profits-soar-by-48-y-o-y-in-2016-[CORRECTED].htmlFri, 21 Apr 2017 02:45:00 GMTASIAN MORNING BRIEF 21/04: Base metals gain; LME proposals; Freeport schedules shipments; Katanga governor steps downThe latest metals markets news and prices moves to start the Asian morning on Friday April 21. http://www.metalbulletin.com/Article/3711055/ASIAN-MORNING-BRIEF-2104-Base-metals-gain-LME-proposals-Freeport-schedules-shipments-Katanga-governor.htmlFri, 21 Apr 2017 00:06:00 GMTHOTTER ON METALS: Football, fountains and feathers: the latest Arconic-Elliott spatWhat do the 2006 Football World Cup, a fountain and an American Indian feather headdress have in common? http://www.metalbulletin.com/Article/3711061/HOTTER-ON-METALS-Football-fountains-and-feathers-the-latest-Arconic-Elliott-spat.htmlThu, 20 Apr 2017 17:46:00 GMTLIVE FUTURES REPORT 20/04: Base metals prices rise at LME close; only lead declines Base metals prices traded on the London Metal Exchange broadly increased at the close of trading on Thursday April 20, with lead the only base metal to see prices fall. http://www.metalbulletin.com/Article/3711057/LIVE-FUTURES-REPORT-2004-Base-metals-prices-rise-at-LME-close-only-lead-declines.htmlThu, 20 Apr 2017 17:35:00 GMTALUMINA INDEX: Price pressure persists while buyers eye easing tightness Benchmark alumina prices made marginal declines this week in a period of slow trading though the steeper slide is expected to resume as Australian alumina become more abundantly available, market participants told Metal Bulletin. http://www.metalbulletin.com/Article/3711047/ALUMINA-INDEX-Price-pressure-persists-while-buyers-eye-easing-tightness.htmlThu, 20 Apr 2017 17:08:00 GMTFreeport schedules Grasberg copper shipments as export deal with Indonesia nearsCopper miner Freeport-McMoRan has begun chartering and scheduling shipments of copper concentrate from its Grasberg mine in Indonesia, with an export agreement with the government expected to be finalised in the coming days, several sources with knowledge of the matter told Metal Bulletin. http://www.metalbulletin.com/Article/3710865/Freeport-schedules-Grasberg-copper-shipments-as-export-deal-with-Indonesia-nears.htmlThu, 20 Apr 2017 16:59:00 GMTVale’s Q1 nickel output falls on maintenance shutdowns, operational issuesVale’s nickel production declined in the first quarter of 2017, affected by planned maintenance shutdowns and operational challenges, the Brazilian diversified miner said on Thursday April 20.http://www.metalbulletin.com/Article/3710961/Vales-Q1-nickel-output-falls-on-maintenance-shutdowns-operational-issues.htmlThu, 20 Apr 2017 15:00:00 GMTVale's Q1 copper output declines on lower volumes from SudburyVale’s copper production fell in the first quarter of 2017, which the diversified miner attributed mostly to lower volumes from its Sudbury’s mines in Canada.http://www.metalbulletin.com/Article/3710998/Vales-Q1-copper-output-declines-on-lower-volumes-from-Sudbury.htmlThu, 20 Apr 2017 14:58:00 GMTPot outage damages Vedanta’s Jharsuguda-I aluminium smelter Production at Vedanta’s 500,000 tpy plant-1 smelter at Jharsuguda (Jharsuguda-I) has been affected by a pot outage incident, the company said on Thursday April 20. http://www.metalbulletin.com/Article/3710916/Pot-outage-damages-Vedantas-Jharsuguda-I-aluminium-smelter.htmlThu, 20 Apr 2017 14:48:00 GMTElliott releases letter from ex-Arconic ceo Kleinfeld describing Singer’s behaviour as ‘legendary’Former Arconic ceo Klaus Kleinfeld allegedly sent Elliott Management's Paul Singer a football from the 2006 Germany World Cup and told the latter in a letter that his behaviour in Berlin had been “legendary”.http://www.metalbulletin.com/Article/3710891/Elliott-releases-letter-from-ex-Arconic-ceo-Kleinfeld-describing-Singers-behaviour-as-legendary.htmlThu, 20 Apr 2017 14:40:00 GMTLundin completes sale of Tenke copper mine stake to BHR Lundin Mining has completed the sale of its 30% stake of TF Holdings, a majority owner of Congolese copper and cobalt mine Tenke Fungurume.http://www.metalbulletin.com/Article/3710851/Lundin-completes-sale-of-Tenke-copper-mine-stake-to-BHR.htmlThu, 20 Apr 2017 14:35:00 GMTKatanga governor dismissed amid embezzlement allegationsThe governor of the Haut Katanga province in the Democratic Republic of Congo has been forced to step down amid a wave of allegations of embezzlement.http://www.metalbulletin.com/Article/3710866/Katanga-governor-dismissed-amid-embezzlement-allegations.htmlThu, 20 Apr 2017 13:55:00 GMTNORTH AMERICAN MORNING BRIEF 20/04: LME base metals recovering; Rio Tinto's Q1 production results; Ningxia Tianyuan interviewThe latest news and price moves from the metals markets for the start of the North American day on Thursday April 20.http://www.metalbulletin.com/Article/3710850/NORTH-AMERICAN-MORNING-BRIEF-2004-LME-base-metals-recovering-Rio-Tintos-Q1-production-results-Ningxia.htmlThu, 20 Apr 2017 12:52:00 GMT