November 2017

US aluminium market market stagnates in November

November was a quiet month for the global aluminium market, with spot activity largely dormant for the month while exchange prices showed a slight erosion.

LIVE FUTURES REPORT 30/11: Base metals lack direction

Base metals once again lacked a uniform direction following a weak start on the London Metal Exchange on Thursday November 30.

Spot alumina prices fall as aluminium disappoints

Alumina prices fell 3% in the Pacific this week, struggling to resist price weakness in the aluminium market.

LIVE FUTURES REPORT 30/11: LME copper, aluminium prices open higher

Copper, lead and aluminium prices ticked higher on the London Metal Exchange during European morning trading on Thursday November 30.

SHFE vs LME physical arbitrage 30/11: Copper, aluminium, zinc, nickel

Arbitrage for copper, aluminium, zinc and nickel imported into China on Thursday November 30*

FOCUS: Metals industry gives cautious welcome to new EU anti-dumping rules

The European metals industry has reacted positively to the European Parliament’s endorsement, made at a Strasbourg plenary meeting on November 15, of new European Union anti-dumping rules that are scheduled to come into force early next year.

METALS MORNING VIEW 30/11: Metals under pressure despite good Chinese PMI data

Base metals prices on the London Metal Exchange are split this morning, Thursday November 30, with copper, aluminium and lead prices up between 0.2% and 0.4%, with copper at $6,760 per tonne, while the rest are weaker with nickel, zinc and tin prices down by 1%, 0.5% and 0.4% respectively.

ASIA COPPER WEEK 2017: Deleveraging a key focus for China’s metals industry in 2018 – executives

The Chinese economy including the metals industry is highly focused on deleveraging going into next year, which should see more capacity cuts among unprofitable smelters, senior executives told delegates at Metal Bulletin’s 13th Asia Copper Conference in Shanghai, China.

EUROPEAN MORNING BRIEF 30/11: SHFE copper prices soften; US aluminium probe; cobalt prices surge

Good morning from Metal Bulletin’s office in Shanghai, as we bring you the latest news and pricing stories on Thursday November 30.

LIVE FUTURES REPORT 30/11: SHFE base metals broadly lower despite positive Chinese PMI

The copper price on the Shanghai Futures Exchange continued to decline during Asian morning trading hours on Thursday November 30, despite a positive reading in China's Purchasing Manufacturers' Index (PMI).