September 2012

MEIR ON METALS: Metals push slightly higher in face of grim macro data

Analyst Ed Meir looks at what is moving the metal markets on Friday September 28.

Furukawa-Sky expands scope of Thai plant to meet demand

Furukawa-Sky Aluminum has expanded the planned capacity of a plant it is building in Thailand by 80% to 180,000 tpy.

Shanghai copper prices rise on liquidity injection from central bank

Shanghai Futures Exchange copper prices rose on Friday September 28 after action from China’s central bank provided a last-minute boost to a lacklustre week.

SHFE vs LME arbitrage: copper, aluminium, zinc

Arbitrage for copper, aluminium and zinc imported into China

LME ASIAN WRAP: Copper edges up in quiet trading

London Metal Exchange copper prices inched up in early Asian trading on Friday, although trading was very slim ahead of a week-long holiday in China.

US billet producers look to raise 2013 base prices

Producers are looking to raise aluminium billet base prices by 2-3 cents per lb for 2013, market participants told Metal Bulletin sister publication AMM.

CLOSE TO CLOSE: LME copper prices close higher after kerb rally

Copper prices closed up on the day on Thursday September 27 after gaining $70 in the last 20 minutes of trading, supported by the publication of Spain’s austerity budget and speculation that China may announce new stimulus measures.

HOTLINE: Alcoa goes virtual in recycling drive

For those passionate about recycling to the point where they even like to crush virtual cans and read interesting recycling facts while they’re doing it, there is now an app for that.

Cherney vs Deripaska case is terminated in London

The £1 billion legal case between United Co Rusal ceo Oleg Deripaska and fellow oligarch Michael Cherney has been terminated, a spokesperson for Deripaska said on Thursday September 27.

Financial institutions explore premium hedging

Financial institutions are exploring ways in which aluminium buyers can hedge the premiums, as well as the price, in supply contracts for next year.