The London Metal Exchange aluminium forward price was dented by almost 1% by a sizeable delivery of material to registered warehouses, while tin recorded the biggest increase at the 5pm close on Monday January 18.
18 January 2021
Ana de Liz
Britannia Global Markets’ application to become a category 2 broking member of the London Metal Exchange has been approved by the exchange, its parent company said on Monday January 18.
18 January 2021
Ana de Liz
A delivery of over 100,000 tonnes of aluminium into warehouses across the London Metal Exchange network should be supportive of wider contangos and higher premiums, market participants told Fastmarkets.
18 January 2021
Justin Yang, Alice Mason
Holman Head retired from his role as president and chief operating officer of O’Neal Industries (ONI) at the end of September. He recalls the substantial growth of the business during his 40-year career with the company and discusses likely future trends with Fastmarkets’ Bette Kovach.
18 January 2021
Fastmarkets MB staff
LME base metals prices had a mixed start on the morning of January 18, despite positive economic data coming out of China, with copper and nickel rising but zinc falling, capped by a high US Dollar Index.
18 January 2021
Ana de Liz
The base metals on the London Metal Exchange were mainly stronger this morning, Monday January 18, aided by some strong economic data in China, including gross domestic product (GDP) that showed growth of 6.5% year on year in the fourth quarter, which was stronger than the 6.2% expected and up from 4.9% in the third quarter.
18 January 2021
William Adams
Here are five Fastmarkets stories you might have missed on Friday January 15 that are worth another look.
18 January 2021
Fastmarkets MB staff
Most global aluminium billet premiums hit their highest levels since 2019 in the week to Friday January 15, with market participants seeing a lack of availability of products across various regions.
15 January 2021
Justin Yang, Karen Ng, Renato Rostás, Michael Roh
The zinc price was the hardest hit as most base metals finished below their psychological price levels on Friday January 15, with a high US dollar resulting in further signs of consolidation taking hold at the London Metals Exchange.
15 January 2021
Ana de Liz
Beer cans made from low-carbon aluminium supplied by Rio Tinto are set to hit the shelves in the coming months as a partnership with brewer Anheuser-Busch InBev (AB InBev) enters its pilot phase.
15 January 2021
Andrea Hotter
