March 2018

ASIAN MORNING BRIEF 29/03: Base metals mostly rise on LME; Gresik copper smelter said temporarily shutting; Sterlite Copper smelter advances scheduled maintenance

The latest news and price moves to start the Asian day on Thursday March 29.

Lack of raw materials pushes up indium prices

A shortage of crude indium material is pushing prices higher, market participants have told Metal Bulletin.

LIVE FUTURES REPORT 28/03: LME base metals prices climb higher; ali bucks the trend

Base metals prices on the London Metal Exchange ended higher at the close of trading on Wednesday March 28, with only aluminium trading lower.

Supervisors' union at Codelco Norte rejects wage offer, calls for strike

Union leaders at Codelco Norte, a division of Chilean copper producer Codelco, are urging supervisors to vote for industrial action following the company’s latest contract offer.


A summary of base metals premiums from across the globe for the week to Tuesday March 27.


The following Metal Bulletin UK non-ferrous scrap and foundry ingot prices changed on Wednesday March 28:

LIVE FUTURES REPORT 28/03: Comex copper price wrestled lower by dollar surge

Comex copper prices once again saw selling pressure during midweek trading on Wednesday March 28 with a stronger dollar weighing on the base metals complex.

GLOBAL ZINC & LEAD WRAP: Shanghai zinc premiums down; lead premiums down in India, SE Asia; up in Rotterdam

Zinc premiums in Shanghai dropped slightly on softening spot demand while stocks held in Shanghai Futures Exchange-listed warehouses continued to build, whereas lead premiums retreated in Indian and Southeast Asian markets and rose in Europe.

Vedanta's Sterlite Copper advances maintenance; locals protest the expansion

Sterlite Copper's Tuticorin smelter has advanced its scheduled maintenance and will close for "approximately" 15 days the company said, while thousands of local residents gathered to protest against the planned expansion.

SHFE vs LME physical arbitrage 28/03: Copper, aluminium, zinc, nickel

The arbitrage for copper, aluminium, zinc and nickel imported into China on Wednesday March 28*