September 2018

Antofagasta set to begin molybdenum extraction at Minera Centinela

Copper mining group Antofagasta Minerals will start to extract molybdenum at its Centinela Mine in Chile from next year, with production ramping up to 2.000 tonnes in 2019, the company announced earlier this month.

Global aluminium scrap overhang pushes European market into freefall

Aluminium scrap prices in Europe fell to their lowest in several years , with a supply overhang continuing to batter the market.

BATTERY RAW MATERIALS MARKET REPORT 21/09: Lithium carbonate prices hit again by thin buying, cheap producer offers

An overview of the battery raw materials markets and their price moves from the past week.

PRICING NOTICE: Proposal to launch a duty-free nickel briquette cif Shanghai premium

Metal Bulletin proposes to launch a premium assessment for duty-free nickel briquette cif Shanghai.

NON-FERROUS WEEK IN BRIEF: Ferro-vanadium price rally; US tariffs on minor metals; alumina prices; South Korea tender for copper; global manganese wrap

Metal Bulletin rounds up some of the key news and price moves across the global metal markets this week.

LIVE FUTURES REPORT 21/09: Base metals end week in strong rally; copper price hits two-month high

The London Metal Exchange three-month copper price ended more than 4% higher on Friday 21 September, with the rest of the complex also rallying.

LIVE FUTURES REPORT 21/09: Comex copper price jumps to 7-week high

Comex copper prices surged to their highest values since early August on Friday September 21 amid signs of a sustained global deficit and improved outlook for market fundamentals.

Outokumpu’s October alloy surcharges fall on nickel drop

Finnish stainless steelmaker Outokumpu has lowered its alloy surcharge for October deliveries of grade-304 cold-rolled (CR) stainless steel sheets by €80 ($94) per tonne.

CSPT smelters set Q4 copper TC/RC price at above $90/9c; benchmark talk kicks off – sources

The 10 biggest copper smelters in China set the fourth-quarter base price for treatment charges and refining charges (TC/RCs) at $90 per tonne /9 cents per lb on Friday September 21, sources with direct knowledge of the matter told Metal Bulletin.

PEOPLE MOVES: Teroerde takes US nickel role at Conexus Metals

Mark Teroerde has moved into ferro-nickel and nickel trading into the United States as president and owner of the recently established Conexus Metals.