November 2021

Base metals prices up in London, Shanghai, with healthy manufacturing data underpinning sentiment

Base metals prices on the London Metal Exchange and on the Shanghai Futures Exchange were up across the board this morning, Wednesday November 24, with the markets attracting buyers after Tuesday’s generally robust flash purchasing managers index (PMI) data.

China's base metal imports in October

A summary of China’s base metal imports for October 2021, according to the latest Chinese customs data released on Monday November 22.

Five key stories from November 23

Here are five Fastmarkets stories you might have missed on Tuesday November 23 that are worth another look.

Backwardation pressures P1020A aluminium premiums in Europe; other regions flat

Aluminium premiums in Japan and the United States were flat in the week ended Tuesday November 23, but Europe continued to feel the affects of the London Metal Exchange backwardation.

LME base metal futures prices largely down despite positive PMI data

Base metal futures on the London Metal Exchange were largely down at the 5pm close of trading on Tuesday November 23, despite strong macro-economic data.

Brazil's CBA starts up furnace to add aluminium billet capacity

Companhia Brasileira de Alumínio (CBA) has installed a new sidewell furnace at its Metalex plant, kicking off its capacity expansion with reduction in greenhouse gas (GHG) emissions strategy for the plant, the Brazil-based aluminium producer said on Monday November 22.

Base metals prices largely unchanged on LME, key PMI data released on Tuesday

Base metals prices on the London Metal Exchange were mixed but little changed during morning trading on Tuesday November 23.

Base metals prices in rebound mode, doing well considering strong dollar

Base metals prices on the London Metal Exchange and on the Shanghai Futures Exchange were mixed this morning, Tuesday November 23, while prices consolidated Monday’s gains that averaged 1.4% on the LME.

Five key stories from November 22

Here are five Fastmarkets stories you might have missed on Monday November 22 that are worth another look.

India Al output could rise by 25%: Vedanta

Aluminium production in India could increase by 25% in the next five or six years, according to Deeptaman Mukherjee, aluminium business director for mining company Vedanta Resources.