December 2021

LME base metals mixed at year end, tin up 84.6% from January

Base metals prices on the London Metal Exchange were mixed at the 2.30pm close on Friday December 31 after trading on thin volumes.

Stocks of most SHFE base metals down; copper inventories up by 40.5%

Most of the deliverable base metal stocks in Shanghai Futures Exchange warehouses declined in the week ended Friday December 31, with nickel falling the most in percentage terms and copper stocks gaining the most.

LME base metals begin last trading day of 2021 on a high

Base metals prices on the London Metal Exchange were mostly higher during morning trading on Friday December 31, with copper leading the way.

Japan’s aluminium imports surge by 20.1% in October

Japan imported 260,100 tonnes of aluminium in October, up by 43,600 tonnes (20.1%) from a month earlier and 90,600 tonnes (53.5%) higher than a year earlier, according to the latest data from the Japan Aluminium Association released this week.

Five key stories from December 30

Here are five Fastmarkets stories you might have missed on Thursday December 30 that are worth another look.

High energy costs bump LME aluminium, zinc higher

Base metals on the London Metal Exchange mostly edged higher on Thursday December 30, with energy-intensive base metals aluminium and zinc leading the small increase.

Chinese focus on environmental policy forces shift in western aluminium market: 2022 preview

China’s focus on slashing carbon emissions will force longer-term changes in western aluminium trading and supply chains in the years ahead.

Alcoa curtails San Ciprian smelter production due to ‘exorbitant energy prices’

Major aluminium producer Alcoa has reached an agreement with the workers’ representatives at the company’s San Ciprian aluminium smelter for the curtailment of production for two years, Alcoa announced in a statement on Wednesday December 29.

Hydro announces further curbs at Slovalco aluminium plant on high energy prices

Norwegian aluminium and renewable energy producer Norsk Hydro has announced a further curtailment of production at primary aluminium plant Slovalco in Slovakia, the company announced on Thursday December 30.

LME base metal futures largely flat; aluminium strongest performer

Base metal futures on the London Metal Exchange traded mostly sideways at the 9am open of business on December 30, with only small changes to prices.