May 2017

Votorantim's CBA suspends aluminium hot rolling operations

Brazil-based CBA has suspended its aluminium hot rolling operations, industry sources told Metal Bulletin.

BRAZIL ALUMINIUM SNAPSHOT: Domestic ingot premiums edge up; but politics, quota talks discourage deals

Key data from Tuesday May 30 pricing session in Sao Paulo.

LIVE FUTURES REPORT 31/05: LME nickel price tumbles; copper strengthens

Nickel prices on the London Metal Exchange recorded a significant loss on the close on Wednesday May 31, while copper stabilised.

Jisco will restart Alpart alumina refinery next month

China’s Jiuquan Iron & Steel Group (Jisco) will restart production at the Alumina Partners of Jamaica (Alpart) refinery next month, with the first alumina cargoes loading in July, Metal Bulletin understands.

SHFE vs LME physical arbitrage 31/05: Copper, aluminium, zinc, nickel

Arbitrage for copper, aluminium, zinc and nickel imported into China on Wednesday May 31*

LIVE FUTURES REPORT 31/05: Nickel price plunges as LME base metals start the day lower

Base metals prices were down across the board on the London Metal Exchange in the morning of Wednesday May 31, as Chinese participants returned to the market.

METALS MORNING VIEW 31/05: Metals weaker despite firm Chinese PMI data

Most of the base metals prices are weaker this morning, Wednesday May 31, the exception is three-month copper prices on the London Metal Exchange that are up 0.3% at $5,677 per tonne. The other LME metals are down an average of 0.6%, although that is skewed by a 2.4% decline in nickel prices to $8,890 per tonne.

EUROPEAN MORNING BRIEF 31/05: Antofagasta sells energy project share; Peru zinc output; US Al, Zn premiums

Good morning from Metal Bulletin’s offices in Shanghai, bringing the key news and market stories on Wednesday May 31.

LIVE FUTURES REPORT 31/05: SHFE copper prices fall despite China’s better-than-expected PMI

Copper prices on the Shanghai Futures Exchange (SHFE) fell during Asian morning trading on Wednesday May 31, as Chinese participants returned to the market following China’s Dragon Boat Festival.

LIVE FUTURES REPORT 30/05: LME copper price little moved at close; quiet markets due to holidays

Base metals price moves were marginal on the London Metal Exchange at the close on Tuesday May 30 after a quiet day of trading with China closed for the Dragon Boat Festival.