Latest newshttp://www.metalbulletin.com/RSS.aspx?FeedID=1854©2019 MB60Latest newsLIVE FUTURES REPORT 19/04: SHFE Cu, Pb prices down; rest little changedCopper and tin were the only base metals on the Shanghai Futures Exchange to dip during morning trading on Friday April 19, depressed by a strong dollar, while the rest of the complex saw limited gains.http://www.metalbulletin.com/Article/3870160/LIVE-FUTURES-REPORT-1904-SHFE-Cu-Pb-prices-down-rest-little-changed.htmlFri, 19 Apr 2019 05:10:00 GMTIN CASE YOU MISSED IT: 5 key stories from April 18Here are five Fastmarkets MB stories you might have missed on Thursday April 18 that are worth another look.http://www.metalbulletin.com/Article/3870147/IN-CASE-YOU-MISSED-IT-5-key-stories-from-April-18.htmlFri, 19 Apr 2019 00:05:00 GMTOutlook for Brazilian steel uncertain, price increases on hold, Usiminas saysProspects for the Brazilian steel market are uncertain right now because of slow economic activity in the country, and any price increase depends on a recovery, Usiminas’ commercial vice president Miguel Homes told investors during a conference call on Thursday April 18.http://www.metalbulletin.com/Article/3870112/Outlook-for-Brazilian-steel-uncertain-price-increases-on-hold-Usiminas-says.htmlThu, 18 Apr 2019 23:52:00 GMTBrazilian steel sector demands solution for Vale's pellet, iron ore supply cutsBrazilian steelmakers have called for an urgent solution regarding production stoppages in iron ore miner Vale’s southeastern system, after a disastrous accident in January this year at a tailings dam in the Córrego do Feijão mine, according to national steel association Instituto Aço Brasil. http://www.metalbulletin.com/Article/3870066/Brazilian-steel-sector-demands-solution-for-Vales-pellet-iron-ore-supply-cuts.htmlThu, 18 Apr 2019 19:30:00 GMTUK's ETS carbon allowances ‘to remain suspended until Brexit resolution,’ UK Steel saysThe decision by the European Commission (EC) to suspend carbon emissions allowances issued by the UK government under the EU’s Emissions Trading Scheme (ETS) is expected to remain valid until the UK is able to reach a deal with the EU on the country’s exit from the union, Richard Warren, head of policy at industry body UK Steel, told Fastmarkets on Thursday April 18. http://www.metalbulletin.com/Article/3870077/UKs-ETS-carbon-allowances-to-remain-suspended-until-Brexit-resolution-UK-Steel-says.htmlThu, 18 Apr 2019 19:00:00 GMTLIVE FUTURES REPORT 18/04: LME base metals prices suppressed while dollar strengthens; only Al gains Bearish sentiment on LME-traded base metals pervaded the market throughout trading on April 18 with the majority of the complex continuing to trade down at the end of the trading day. http://www.metalbulletin.com/Article/3870072/LIVE-FUTURES-REPORT-1804-LME-base-metals-prices-suppressed-while-dollar-strengthens-only-Al-gains.htmlThu, 18 Apr 2019 17:39:00 GMTLIVE FUTURES REPORT 18/04: Comex copper suffers heavy losses amid dollar surgeThe US copper market failed to hold onto Wednesday's gains amid a surging dollar, which weighed on the base metals complex.http://www.metalbulletin.com/Article/3869974/LIVE-FUTURES-REPORT-1804-Comex-copper-suffers-heavy-losses-amid-dollar-surge.htmlThu, 18 Apr 2019 15:59:00 GMTRed Kite, Barclays settle $850m lawsuit out of courtCopper fund Red Kite has settled its $850 million market manipulation lawsuit with Barclays out of court, the bank said in a statement today April 18.http://www.metalbulletin.com/Article/3869971/Red-Kite-Barclays-settle-850m-lawsuit-out-of-court.htmlThu, 18 Apr 2019 15:50:00 GMTINTL ZINC & LEAD CONF: Downward trending LME zinc price could jeopardize project pipeline, BMO says A forecast downtrend in the mid-to-long-term London Metal Exchange cash zinc price could bring about a shortage of zinc mining projects, BMO Capital Markets analyst Kash Kamal said in a presentation at Fastmarkets’ International Lead & Zinc conference on Monday April 15. http://www.metalbulletin.com/Article/3869192/INTL-ZINC-and-LEAD-CONF-Downward-trending-LME-zinc-price-could-jeopardize-project-pipeline-BMO-says.htmlThu, 18 Apr 2019 15:32:00 GMTNiron Metals gets Liberia export route for Guinea iron ore projectNiron Metals PLC, an investment vehicle with shareholders including former Xstrata chief executive officer (CEO) Mick Davis, has been given the go-ahead to export iron ore from the Zogota deposit in Guinea through Liberia using existing infrastructure. http://www.metalbulletin.com/Article/3869859/Niron-Metals-gets-Liberia-export-route-for-Guinea-iron-ore-project.htmlThu, 18 Apr 2019 15:24:00 GMTUsiminas' Q1 iron ore exports down 20% on shift to domestic marketBrazilian steelmaker Usiminas exported 19.90% less iron ore during the first quarter of 2019 than in the corresponding months of 2018, with the company shifting production to third-parties in the domestic market, it said in an earnings report on Thursday April 18. http://www.metalbulletin.com/Article/3869858/Usiminas-Q1-iron-ore-exports-down-20-on-shift-to-domestic-market.htmlThu, 18 Apr 2019 15:07:00 GMTUsiminas steel sales volumes fall 7.8% in Q1 amid weak demandSales volumes for Brazil’s largest flat steel producer, Usiminas, totaled 1 million tonnes in the first quarter of 2019, down by 7.80% from 1.09 million tonnes in the corresponding period a year earlier, a company earnings report said on Thursday April 18. http://www.metalbulletin.com/Article/3869854/Usiminas-steel-sales-volumes-fall-78-in-Q1-amid-weak-demand.htmlThu, 18 Apr 2019 14:32:00 GMTLIVE FUTURES REPORT 18/04: LME base metals universally suppressed in morning trading; weak EU data overtakes China data optimism Base metals price on the London Metal Exchange were all trading down on Thursday April 18 after the previous day's boost from positive Chinese industrial production and retail data was replaced by bearish sentiment on weak European data, in particular German PMI figures. http://www.metalbulletin.com/Article/3869756/LIVE-FUTURES-REPORT-1804-LME-base-metals-universally-suppressed-in-morning-trading-weak-EU-data.htmlThu, 18 Apr 2019 10:02:00 GMTMMG AT A GLANCE: Q1 production results, full-year guidanceA summary of MMG’s production results for the three months ended March 31, 2019, as well as its full-year production guidance.http://www.metalbulletin.com/Article/3869748/MMG-AT-A-GLANCE-Q1-production-results-full-year-guidance.htmlThu, 18 Apr 2019 08:00:00 GMTPEOPLE MOVES: Jeff Gerard appointed Katanga CEO, head of Glencore DRC assetsJeff Gerard has been appointed chief executive officer of Katanga Mining, effective May 2, following the resignation of Danny Callow.http://www.metalbulletin.com/Article/3869745/PEOPLE-MOVES-Jeff-Gerard-appointed-Katanga-CEO-head-of-Glencore-DRC-assets.htmlThu, 18 Apr 2019 06:05:00 GMTLIVE FUTURES REPORT 18/04: SHFE Al, Cu prices buoyed; rest weakerCopper and aluminium were the only base metals on the Shanghai Futures Exchange to record any price gains during morning trading on Thursday April 18, while the rest of the complex declined. http://www.metalbulletin.com/Article/3869744/LIVE-FUTURES-REPORT-1804-SHFE-Al-Cu-prices-buoyed-rest-weaker.htmlThu, 18 Apr 2019 06:00:00 GMTFire halts production at UK ferro-titanium plant; price tightness expected [UPDATED]Production has been halted at FE Mottram, a ferro-titanium plant in Sheffield, UK, after a fire over the weekend of April 13-14. Mottram is owned by Belgium-based ferro-alloys and metals trader Metraco.http://www.metalbulletin.com/Article/3869714/Fire-halts-production-at-UK-ferro-titanium-plant-price-tightness-expected-[UPDATED].htmlThu, 18 Apr 2019 05:45:00 GMTConcord Resources doubles profits in ‘exceptional’ 2018 trading yearConcord Resources made the most of highly volatile physical metal markets in 2018, taking advantage of "an exceptional opportunity", according to chief executive officer Mark Hansen.http://www.metalbulletin.com/Article/3869724/Concord-Resources-doubles-profits-in-exceptional-2018-trading-year.htmlThu, 18 Apr 2019 03:01:00 GMTIN CASE YOU MISSED IT: 5 key stories from April 17Here are five Fastmarkets MB stories you might have missed on Wednesday April 17 that are worth another look.http://www.metalbulletin.com/Article/3869729/IN-CASE-YOU-MISSED-IT-5-key-stories-from-April-17.htmlThu, 18 Apr 2019 00:05:00 GMTUS imposes preliminary anti-dumping duties on China-made steel wheelsThe United States Department of Commerce will impose preliminary anti-dumping duties of 37.65% and 43.73% on imports of China-made steel wheels in diameters of 12.0-16.5in, it has announced. http://www.metalbulletin.com/Article/3869709/US-imposes-preliminary-anti-dumping-duties-on-China-made-steel-wheels.htmlWed, 17 Apr 2019 21:00:00 GMTEC approves Liberty House purchase of ArcelorMittal's divestment assetsThe European Commission (EC), under its EU Merger Regulation, has approved Liberty House Group as a suitable purchaser of several steel plants put up for sale by ArcelorMittal, the Commission said on Wednesday April 17. http://www.metalbulletin.com/Article/3869722/EC-approves-Liberty-House-purchase-of-ArcelorMittals-divestment-assets.htmlWed, 17 Apr 2019 19:14:00 GMTLIVE FUTURES REPORT 17/04: High-vol trading pushes LME copper to fresh 2019 highCopper’s three-month price on the London Metal Exchange climbed above $6,600 per tonne at the close of trading on Wednesday April 17, buoyed by strong GDP figures out of China while a softer dollar index below the psychological level of 97 supported afternoon buying.http://www.metalbulletin.com/Article/3869712/LIVE-FUTURES-REPORT-1704-High-vol-trading-pushes-LME-copper-to-fresh-2019-high.htmlWed, 17 Apr 2019 17:52:00 GMTArgentinian court excludes Techint CEO Rocca from graft probeAn appeals court in Argentina has reversed a decision that allowed the inclusion of Paolo Rocca, the chief executive officer of Italian-Argentine conglomerate Techint, in a probe on the alleged bribery of government officials in 2008.http://www.metalbulletin.com/Article/3869343/Argentinian-court-excludes-Techint-CEO-Rocca-from-graft-probe.htmlWed, 17 Apr 2019 17:28:00 GMTEuropean car sales drop by 4% in March, ACEA saysThe number of new passenger car registrations in the EU decreased by 3.93% year-on-year in March 2019. http://www.metalbulletin.com/Article/3869583/European-car-sales-drop-by-4-in-March-ACEA-says.htmlWed, 17 Apr 2019 17:20:00 GMTINTL ZINC & LEAD CONF: Lead price could rebound to $2,100/t in 2019 before falling again – Macquarie The lead price could rebound above $2,000 per tonne and even touch $2,100 per tonne in the next six months because it is oversold and supply and demand conditions remain tight this year, Macquarie bank said on Tuesday April 16. http://www.metalbulletin.com/Article/3869574/INTL-ZINC-and-LEAD-CONF-Lead-price-could-rebound-to-2100t-in-2019-before-falling-againMacquarie.htmlWed, 17 Apr 2019 16:39:00 GMTTurkish crude steel output down 15% in January-MarchTurkey produced 8.189 million tonnes of crude steel in January-March 2019, a decrease of 14.54% from 9.582 million tonnes in the first three months of 2018, according to the Turkish Steel Producers Association (TÇÜD).http://www.metalbulletin.com/Article/3869509/Turkish-crude-steel-output-down-15-in-January-March.htmlWed, 17 Apr 2019 15:54:00 GMTLIVE FUTURES REPORT 17/04: Comex copper price surges in midweek session The Comex copper market jumped up in US morning trading on Wednesday April 17 amid positive reaction to a combination of better-than-expected Chinese economic news and a softer dollar.http://www.metalbulletin.com/Article/3869480/LIVE-FUTURES-REPORT-1704-Comex-copper-price-surges-in-midweek-session.htmlWed, 17 Apr 2019 15:18:00 GMTFASTMARKETS MB DAILY PDFs Daily PDFs will be downloadable until Friday April 19. After that, because of the UK’s Easter holidays, the next daily PDF will be downloadable on Wednesday April 24. http://www.metalbulletin.com/Article/3869510/FASTMARKETS-MB-DAILY-PDFs.htmlWed, 17 Apr 2019 14:53:00 GMTMJP aluminium stocks plunge 7.7% in March vs February: MarubeniPrimary aluminium stocks at the three main Japanese ports (MJP) of Osaka, Nagoya and Yokohama declined by 7.7% month-on-month in September, data released by major Japanese trading house Marubeni Corp on Wednesday April 17 showed.http://www.metalbulletin.com/Article/3869479/MJP-aluminium-stocks-plunge-77-in-March-vs-February-Marubeni.htmlWed, 17 Apr 2019 14:43:00 GMTMMK export steel shipments down by 52% in Q1 2019Russia’s Magnitogorsk Iron & Steel Works (MMK) reduced its export sales in the first quarter of 2019 by 52% due to repairs at a rolling mill as well as reallocation of shipments to the home market, the company said on Monday April 16. http://www.metalbulletin.com/Article/3869433/MMK-export-steel-shipments-down-by-52-in-Q1-2019.htmlWed, 17 Apr 2019 13:52:00 GMT