Here are five Fastmarkets MB stories you might have missed on Friday January 17 that are worth another look.
20 January 2020
Fastmarkets MB staff
Rio Tinto's fourth-quarter copper production sank due to lower ore grades, especially at its Kennecott copper mine, while aluminium production took a hit due to unexpected outages in Iceland and Canada during the second half of 2019.
17 January 2020
Rijuta Dey Bera
Aluminium billet premiums in Brazil and Japan ticked down on Friday January 17 due to weak demand, while premiums in Europe and the United States were steady on unchanged fundamentals.
17 January 2020
Alice Mason, Karen Ng, Michael Roh, Renato Rostás
The three-month zinc price on the London Metal Exchange was higher at the close of trading on Friday January 17, with price action settling comfortably above the $2,400-per-tonne support level despite moderately low turnover across the complex, while a steady incline in LME tin saw prices breach nearby resistance.
17 January 2020
Hassan Butt
Liquidity was high for alumina on an fob Australia basis during the week ending January 17, but prices failed to find any long-term support above $275 per tonne.
17 January 2020
Alice Mason
The three-month zinc price on the London Metal Exchange rose by 1% during morning trading on Friday January 17, holding above the $2,400 per tonne mark after breaching the mark earlier in the week.
17 January 2020
Hassan Butt
Deliverable lead stocks at Shanghai Futures Exchange-approved warehouses plunged by 32.3% in the week to Friday January 17 after restocking demand from downstream plants ahead of the Chinese New Year holidays (January 24-30) continued over the period.
17 January 2020
Violet Li
Base metals prices on the Shanghai Futures Exchange were on divergent paths at the close of the morning trading session on Friday January 17, with lingering trade uncertainty broadly pressuring the complex.
17 January 2020
Sally Zhang
Here are five Fastmarkets MB stories you might have missed on Thursday January 16 that are worth another look.
17 January 2020
Fastmarkets MB staff
Representatives from the United States, European Union and Japan have agreed to jointly work toward strengthening existing World Trade Organization (WTO) rules on market-distorting industrial subsidies, a move welcomed by aluminium trade groups that have long sought to tackle Chinese overcapacity.
16 January 2020
Michael Roh
