September 2017

Alumina prices soar to index high as supply constraints bite

Spot alumina prices rocketed over the past seven days, after weeks of tight supplies of Australian alumina and constraints on raw material availability came to a head.

MB INTL ALUMINIUM CONF - 8 things we learned in Bahrain

Reporters Ian Walker and Perrine Faye wrap up the key themes and questions raised during Metal Bulletin’s 32nd International Aluminium Conference in Bahrain on September 26-28.

LIVE FUTURES REPORT 29/09: LME copper price dips at close; zinc, lead continue to climb higher

Aluminium and copper were the only base metals prices on the London Metal Exchange to close the week in negative territory on Friday September 29.

PEOPLE MOVES: Fred Demler steps down from INTL FCStone global metals head role

Fred Demler, global head of LME metals at INTL FCStone, is leaving his role at the company, according to an internal email to staff seen by Metal Bulletin.

PEOPLE MOVES: Colin Hamilton joins BMO from Macquarie

BMO Capital Markets has appointed Colin Hamilton as its new md of commodities research, based in London.

NORTH AMERICAN MORNING BRIEF 29/09: SHFE copper stocks dive; Kobe Steel, Novelis jv; Ball to cease steel food can output

The latest metal markets news and price moves for the start of the North American day on Friday September 29.

PEOPLE MOVES: Fred Penha leaves CME Group

Frederick Penha, director for base and ferrous metals at CME Group in New York, has left the exchange after four and a half years, a CME spokeswoman told Metal Bulletin on Friday September 29.

LIVE FUTURES REPORT 29/09: LME base metals stronger; copper climbs higher

Base metals price on the London Metal Exchange mainly strengthened in the morning of Friday September 29, ahead of China’s week-long National Day holiday next week.

Kobe Steel, Novelis Korea complete aluminium rolling mill deal

Kobe Steel and Novelis Korea have completed and closed the deal to establish an aluminium rolling mill joint venture in Ulsan, South Korea, Kobe Steel said on Friday September 29.

LIVE FUTURES REPORT 29/09: SHFE copper inventories plunge 27% in sixth week of decline

Inventories of most base metals, except aluminium and lead, in Shanghai Futures Exchange-approved warehouses fell again this week, with copper registering a drop of 27% from last week in its sixth week of decline.