January 2018

MB NON-FERROUS EUROPEAN SCRAP PRICE CHANGES 26/01: Non-ferrous scrap

The following Metal Bulletin non-ferrous European free market scrap prices changed on Friday January 26:

US tax reform to have positive impact on metals & mining M&A - PwC

Changes to US tax laws will have significant and mainly positive implications for deal-making across virtually all sectors, including metals and mining, according to a report by global consultancy firm PwC.

NORTH AMERICAN MORNING BRIEF 26/01: LME prices consolidate; Chinese Dec copper scrap imports decline; Kyen Resources opens London office

The latest metal markets news and price moves to start the North American day on Friday January 26.

China 2017 tin concentrates imports down 37.7%; refined tin exports double

China’s tin ore and concentrates imports fell 37.7% year on year to 295,421 tonnes in 2017, while its refined tin exports almost doubled to 2,175 tonnes compared with 2016, according to the latest Chinese customs data.

Chinese zinc metal imports jump almost 60% in 2017; concs shipments also up

China’s refined zinc metal imports rose by 59.3% year on year in 2017, while zinc concentrates imports were up by 21.8% in the same comparison, according to the latest Chinese customs data.

China’s Dec copper scrap imports drop on stricter regulation; 2017 up 6%

China’s copper scrap imports declined 20% year on year in December 2017 due to tightening import regulations, though tonnage for the whole year increased 6% because of better discounts and higher copper prices over the year.

LIVE FUTURES REPORT 26/01: LME prices consolidate recent gains; more copper delivered into warehouses

Base metals prices on the London Metal Exchange were stable during morning trading on Friday January 26, with recent gains well supported by the weak dollar.

LIVE FUTURES REPORT 26/01: SHFE lead stocks fall nearly 17% vs last week on strong demand ahead of China holiday

Deliverable lead stocks at Shanghai Futures Exchange-approved warehouses fell 7,356 tonnes or 16.9% week on week to 36,216 tonnes as of Friday January 26.

METALS MORNING VIEW 26/01: Metals looking robust

Base metals prices on the London Metal Exchange are mixed this morning, Friday January 26, with the complex up by an average of 0.2%.

SHFE vs LME physical arbitrage 26/01: Copper, aluminium, zinc, nickel

The arbitrage for copper, aluminium, zinc and nickel imported into China on Friday January 26*