Base metalshttp://www.metalbulletin.com/RSS.aspx?FeedID=1834©2017 MB60Base metalsVale’s ceo says age played a role in decision to step downVale’s ceo Murilo Ferreira said that his age was a factor in his decision to step down from the Brazilian diversified miner in May after six years in the job. http://www.metalbulletin.com/Article/3664881/Vales-ceo-says-age-played-a-role-in-decision-to-step-down.htmlFri, 24 Feb 2017 20:03:00 GMTWEEK IN REVIEW: Potential US infrastructure delay sparks commodity sell-offCorrespondent Dalton Barker reviews the past week in the non-ferrous metals markets.http://www.metalbulletin.com/Article/3664879/WEEK-IN-REVIEW-Potential-US-infrastructure-delay-sparks-commodity-sell-off.htmlFri, 24 Feb 2017 19:03:00 GMTNON-FERROUS WEEK IN BRIEF: Warehouse receipt forgery; aluminium cancellations; zinc ramp-ups; ferro-chrome supplies; cobalt prices; 5N Plus, Vale results After another busy week in the Metal Bulletin offices, we take a look back at some of the key news and price moves from the past seven days in the metals markets. http://www.metalbulletin.com/Article/3664846/NON-FERROUS-WEEK-IN-BRIEF-Warehouse-receipt-forgery-aluminium-cancellations-zinc-ramp-ups-ferro.htmlFri, 24 Feb 2017 18:20:00 GMTLIVE FUTURES REPORT 24/02: Base metals prices recoup some losses; all end higherBase metal prices enjoyed a positive end to the trading week on the London Metal Exchange on Friday February 24, recouping some of the losses sustained during Thursday’s session.http://www.metalbulletin.com/Article/3664837/LIVE-FUTURES-REPORT-2402-Base-metals-prices-recoup-some-losses-all-end-higher.htmlFri, 24 Feb 2017 17:31:00 GMTHOTTER ON METALS: Insider information rules sharpen focus on restartsThe concept of insider information is neither new nor unfamiliar to the commodities world. But applying it to the restart of production facilities such as mines, smelters and refineries perhaps is.http://www.metalbulletin.com/Article/3664840/HOTTER-ON-METALS-Insider-information-rules-sharpen-focus-on-restarts.htmlFri, 24 Feb 2017 17:29:00 GMTLIVE FUTURES REPORT 24/02; LME base metals recover as previous day’s lows look 'exaggerated'Base metal prices on the London Metal Exchange recouped the previous day’s losses during Friday February 24 trading as short covering ahead of the weekend provided support. http://www.metalbulletin.com/Article/3664760/LIVE-FUTURES-REPORT-2402-LME-base-metals-recover-as-previous-days-lows-look-exaggerated.htmlFri, 24 Feb 2017 15:48:00 GMTMB NON-FERROUS EUROPEAN SCRAP PRICE CHANGES 24/02:The following Metal Bulletin non-ferrous European free market scrap prices changed on Friday February 24:http://www.metalbulletin.com/Article/3664623/MB-NON-FERROUS-EUROPEAN-SCRAP-PRICE-CHANGES-2402.htmlFri, 24 Feb 2017 14:51:00 GMTVale ceo Murilo Fereira will leave in May Vale's ceo Murilo Ferreira will leave the company on May 26, after heading the Brazilian diversified miner for six years. http://www.metalbulletin.com/Article/3664624/Vale-ceo-Murilo-Fereira-will-leave-in-May.htmlFri, 24 Feb 2017 14:38:00 GMTEramet’s nickel output at SLN rises 3%; overall Ebitda tripled in 2016Eramet’s nickel production at subsidiary Société Le Nickel (SLN)’s Doniambo plant in New Caledonia – which includes ferro-nickel and matte – rose 3% to 55,227 tonnes in 2016, the company said on Friday February 24.http://www.metalbulletin.com/Article/3664410/Eramets-nickel-output-at-SLN-rises-3-overall-Ebitda-tripled-in-2016.htmlFri, 24 Feb 2017 10:50:00 GMTLIVE FUTURES REPORT 24/02: LME base metals prices recover; Al, zinc cancellations continueBase metals prices on the LME have been staging a relief-rally during Friday February 24 trading, as they recover from the previous day’s lows. http://www.metalbulletin.com/Article/3664457/LIVE-FUTURES-REPORT-2402LME-base-metals-prices-recover-Al-zinc-cancellations-continue.htmlFri, 24 Feb 2017 10:35:00 GMTGlobal copper mine production capacity will rise by 2.5% a year until 2020, says ICSGWorld copper mine production capacity might grow at an average rate of about 2.5% per year until 2020, compared with 4% per year over the past five years, according to an International Copper Study Group reporthttp://www.metalbulletin.com/Article/3664409/Global-copper-mine-production-capacity-will-rise-by-25-a-year-until-2020-says-ICSG.htmlFri, 24 Feb 2017 10:33:00 GMTDevelopment starts on China’s largest lead-zinc mine [CORRECTION]Work to develop China’s largest lead-zinc mine has started, Metal Bulletin has learned.http://www.metalbulletin.com/Article/3664041/Development-starts-on-Chinas-largest-lead-zinc-mine-[CORRECTION].htmlFri, 24 Feb 2017 10:30:00 GMTLIVE FUTURES REPORT 24/02: SHFE copper stocks slip for first time in five weeksDeliverable copper stocks at Shanghai Futures Exchange-approved warehouses eased by 5,831 tonnes or 2% over the past week to 289,899 tonnes as of Friday February 24, marking the first decrease after five consecutive weeks of increases.http://www.metalbulletin.com/Article/3664428/LIVE-FUTURES-REPORT-2402-SHFE-copper-stocks-slip-for-first-time-in-five-weeks.htmlFri, 24 Feb 2017 10:08:00 GMTSHFE vs LME physical arbitrage 24/02: Copper, aluminium, zinc, nickelArbitrage for copper, aluminium, zinc and nickel imported into China on Friday February 24*http://www.metalbulletin.com/Article/3664424/SHFE-vs-LME-physical-arbitrage-2402-Copper-aluminium-zinc-nickel.htmlFri, 24 Feb 2017 09:29:00 GMTEramet enters agreement with Tsingshan to revive Weda Bay nickel ore projectFrance’s Eramet Group has announced a preliminary agreement with leading Chinese steel producer Tsingshan to revive its Weda Bay nickel project in Indonesia.http://www.metalbulletin.com/Article/3664408/Eramet-enters-agreement-with-Tsingshan-to-revive-Weda-Bay-nickel-ore-project.htmlFri, 24 Feb 2017 09:26:00 GMTMETALS MORNING VIEW 24/02: Metals rebound after Thursday's sell-offThe base metals are firmer this morning, Friday February 24, with metals prices on the London Metal Exchange up an average of 1.1%, led by a 1.5% gain in nickel prices, while copper is up 0.5% at $5,898 per tonne and aluminium is up the least with a 0.2% rise.http://www.metalbulletin.com/Article/3664423/METALS-MORNING-VIEW-2402-Metals-rebound-after-Thursdays-sell-off.htmlFri, 24 Feb 2017 08:48:00 GMTLIVE FUTURES REPORT 24/02: LME base metals lifted on short covering, relief rallyBase metals prices on the London Metal Exchange came off their lows as shorts covered positions ahead of the weekend during Friday February 24 trading.http://www.metalbulletin.com/Article/3664422/LIVE-FUTURES-REPORT-2402-LME-base-metals-lifted-on-short-covering-relief-rally.htmlFri, 24 Feb 2017 08:30:00 GMTPhilippine government panel to review DENR mine closure ordersA Philippine government inter-agency panel will conduct a review of the orders issued by the country's Department of Environment and Natural Resources (DENR) for 28 mines to close or suspend operations.http://www.metalbulletin.com/Article/3664417/Philippine-government-panel-to-review-DENR-mine-closure-orders.htmlFri, 24 Feb 2017 06:35:00 GMTEast Asia's stainless steel prices unchanged on steady tradingEast Asia’s stainless steel prices remained steady over the past week amid stable demand.http://www.metalbulletin.com/Article/3664405/East-Asias-stainless-steel-prices-unchanged-on-steady-trading.htmlFri, 24 Feb 2017 05:18:00 GMTEUROPEAN MORNING BRIEF 24/02: Eramet ceo change; China alumina price; HudBay lifts zinc outputGood morning from Metal Bulletin’s offices in Asia as we bring you the latest news and pricing stories on Friday February 24.http://www.metalbulletin.com/Article/3664416/EUROPEAN-MORNING-BRIEF-2402-Eramet-ceo-change-China-alumina-price-HudBay-lifts-zinc-output.htmlFri, 24 Feb 2017 05:15:00 GMTLIVE FUTURES REPORT 24/02: SHFE copper slumps on potential delay to US infrastructure spending, China property taxCopper prices on the Shanghai Futures Exchange slumped on Friday February 24 as overnight reports suggested that US president Donald Trump may delay big spending on US infrastructure until 2018, while news of a proposed nationwide property tax in China further weighed on prices.http://www.metalbulletin.com/Article/3664404/LIVE-FUTURES-REPORT-2402-SHFE-copper-slumps-on-potential-delay-to-US-infrastructure-spending-China.htmlFri, 24 Feb 2017 04:42:00 GMTPEOPLE MOVES: Christel Bories to succeed Patrick Buffet as Eramet ceoChristel Bories was appointed deputy ceo of Eramet by the company’s board on Thursday and will be proposed as successor to current chairman and ceo Patrick Buffet at the end of Eramet’s general meeting on May 23, 2017, the company said.http://www.metalbulletin.com/Article/3664403/PEOPLE-MOVES-Christel-Bories-to-succeed-Patrick-Buffet-as-Eramet-ceo.htmlFri, 24 Feb 2017 03:15:00 GMTCHINA ALUMINA SNAPSHOT: Price dips amid high inventories, thin tradeKey data from the Thursday February 23 pricing session in Shanghai.http://www.metalbulletin.com/Article/3664402/CHINA-ALUMINA-SNAPSHOT-Price-dips-amid-high-inventories-thin-trade.htmlFri, 24 Feb 2017 02:17:00 GMTASIAN MORNING BRIEF: Base metals prices struggle; Al cancellations surge; Vale, Glencore results; cobalt risesKey news and price moves to get you off to a good start during the Asian morning on Friday February 24.http://www.metalbulletin.com/Article/3664338/ASIAN-MORNING-BRIEF-Base-metals-prices-struggle-Al-cancellations-surge-Vale-Glencore-results-cobalt.htmlFri, 24 Feb 2017 00:05:00 GMTLIVE FUTURES REPORT 23/02: Base metals prices slump into close; copper breaks through supportCopper bore the brunt of a late price plunge in London Metal Exchange trading on Thursday February 23, breaking through support levels to end sharply lower alongside zinc and tin in particular.http://www.metalbulletin.com/Article/3664354/LIVE-FUTURES-REPORT-2302-Base-metals-prices-slump-into-close-copper-breaks-through-support.htmlThu, 23 Feb 2017 18:43:00 GMTVedanta enters European Al billet market via marketing deals with Mechem, Metal Exchange CorpVedanta has signed exclusive marketing contracts for its aluminium semi-finished products in Europe with US-owned Metal Exchange Corporation and Swiss trading outfit Mechem SA.http://www.metalbulletin.com/Article/3664308/Vedanta-enters-European-Al-billet-market-via-marketing-deals-with-Mechem-Metal-Exchange-Corp.htmlThu, 23 Feb 2017 17:37:00 GMTALUMINA INDEX: Spot prices shrug off weight of readily available units to rise againAlumina prices jumped again this week as sellers hiked their offers to satisfy consumers’ short positions after delays in bauxite shipments. http://www.metalbulletin.com/Article/3664314/ALUMINA-INDEX-Spot-prices-shrug-off-weight-of-readily-available-units-to-rise-again.htmlThu, 23 Feb 2017 17:09:00 GMTFORECAST: Vale ‘still optimistic’ about nickel market deficit amid Indonesia, Philippines developmentsThe situations in Indonesia and the Philippines could lead to a lower than expected deficit in the nickel market in 2017, according to Vale.http://www.metalbulletin.com/Article/3664322/FORECAST-Vale-still-optimistic-about-nickel-market-deficit-amid-Indonesia-Philippines-developments.htmlThu, 23 Feb 2017 16:46:00 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. http://www.metalbulletin.com/Article/3664275/FREE-WEB-SEMINAR-Managing-price-risk-and-volatility-in-the-bauxite-and-alumina-markets.htmlThu, 23 Feb 2017 15:12:00 GMTLIVE FUTURES REPORT 23/02: Comex copper price drops again; Fed minutes indicate upcoming hikeComex copper prices declined for the fourth consecutive session amid technical selling and a lack of updates from supply issues in Chile or Indonesia.http://www.metalbulletin.com/Article/3664272/LIVE-FUTURES-REPORT-2302-Comex-copper-price-drops-again-Fed-minutes-indicate-upcoming-hike.htmlThu, 23 Feb 2017 14:56:00 GMT