September 2018

Global aluminium scrap overhang pushes European market into freefall

Aluminium scrap prices in Europe fell to their lowest in several years , with a supply overhang continuing to batter the market.

NON-FERROUS WEEK IN BRIEF: Ferro-vanadium price rally; US tariffs on minor metals; alumina prices; South Korea tender for copper; global manganese wrap

Metal Bulletin rounds up some of the key news and price moves across the global metal markets this week.

LIVE FUTURES REPORT 21/09: Base metals end week in strong rally; copper price hits two-month high

The London Metal Exchange three-month copper price ended more than 4% higher on Friday 21 September, with the rest of the complex also rallying.

SHFE vs LME physical arbitrage 21/09: Copper, aluminium, zinc, nickel

Arbitrage for copper, aluminium, zinc and nickel imported into China on Friday September 21*

LIVE FUTURES REPORT 21/09: LME base metals rally higher; copper up 2%

Base metals prices on the London Metal Exchange were trading higher across the board on Friday September 21, with copper leading the way.

SHFE STOCKS REPORT 21/09: SHFE base metals stocks all down w-o-w; copper inventories slide 17.5%

Base metals stocks at Shanghai Futures Exchange-listed warehouses were broadly down on Friday September 21 compared with a week earlier, with copper stocks declining almost 18%.

METALS MORNING VIEW 21/09: Metals see follow-through buying, weaker dollar providing support

Three-month base metals prices on the London Metal Exchange were once again higher across the board by an average of 0.5% on the morning of Friday September 21. This follows Thursday’s generally bullish performance that saw the base metals complex close with gains averaging 0.7%.

EUROPEAN MORNING BRIEF 21/09: SHFE base metals prices broadly up; alumina market on downward trend; Fe-Ni ‘losing competitiveness’ against stainless scrap, NPI

Good morning from Metal Bulletin’s offices in Asia as we bring you the latest news and pricing stories on Friday September 21.

LIVE FUTURES REPORT 21/09: SHFE base metals prices broadly up on weak dollar, easing trade tensions; zinc, lead buck the trend

Base metals prices on the Shanghai Futures Exchange were broadly up during Asian morning trading on Friday September 21, with the complex supported by fresh buying amid a weaker dollar and easing trade tensions between the United States and China.

LIVE FUTURES REPORT 20/09: LME zinc, nickel prices push higher; other base metals struggle

Base metals prices on the London Metal Exchange edged mostly higher at the close on Thursday September 20, but the complex lacked fresh directional news.