December 2017

LIVE FUTURES REPORT 22/12: SHFE tin stocks fall 16% vs last week; lead inventories rise 1%

Deliverable tin stocks at Shanghai Futures Exchange-approved warehouses dropped by 978 tonnes - or 15.7% - over the past week to 5,236 tonnes as of Friday December 22, marking the eighth consecutive week of declines.

EUROPEAN MORNING BRIEF 22/12: SHFE copper rises; Alcoa to close Rockdale Operations; Teck reaches agreement at Quebrada Blanca copper mine

Good morning from Metal Bulletin’s offices in Asia, bringing the latest news and pricing stories on Friday December 22.

Alcoa will permanently close Rockdale Operations site in US, divest Portovesme smelter in Italy

Alcoa Corp is to permanently shut down its Rockdale Operations site in the United States and to sell off its Portovesme smelter in Italy as part of plans to reduce the complexity of its global operations and to strengthen its balance sheet, the company said on Thursday December 21.

ASIAN MORNING BRIEF 22/12: Aluminium leads LME gains; Peru instability threatens copper mine sale; China's copper premiums fall

The latest news and price moves to start the Asian day on Friday December 22.

LIVE FUTURES REPORT 21/12: LME copper rebound continues; lead bucks the firmer trend

Base metals prices on the London Metal Exchange were mostly higher at the close on Thursday December 21, with quiet trading conditions setting in.

Metro Mining signs bauxite supply deal with SPIC

Metro Mining has signed a four-year supply deal with Chinese state-owned enterprise SPIC Aluminium and Electric Power Investment (SPIC) for a total of 6.5 million tonnes of bauxite.

NORTH AMERICAN MORNING BRIEF 21/12: Seaborne iron ore market gains stability; Centinela mine reaches wage deal; Section 232 impact on import tariffs

The latest metal markets news and price moves to start the North American day on Thursday December 21.

LIVE FUTURES REPORT 21/12: LME base metals consolidate Wednesday’s price gains

Base metals prices on the London Metal Exchange dipped slightly in typically quiet end-of-year trading on the morning of Thursday November 21 while generally consolidating yesterday’s gains.

SHFE vs LME physical arbitrage 21/12: Copper, aluminum, zinc, nickel

Arbitrage for copper, aluminum, zinc and nickel imported into China on Thursday December 21*

METALS MORNING VIEW 21/12: Metals prices consolidate, but still looking robust

Base metals traded on the London Metal Exchange are consolidating this morning, Thursday December 21, with prices down an average of 0.1% and copper off by 0.3% at $7,027 per tonne.