December 2019

US copper scrap discounts up on Comex rise

Most copper scrap discounts in the United States increased as the Comex copper price continued to strengthen week on week.

LIVE FUTURES REPORT 19/12: LME base metals buoyed by China liquidity boost, weaker US dollar

Base metals prices other than lead closed higher on the London Metal Exchange on Thursday December 19, bolstered by an injection of liquidity into China’s open markets, while a weaker US dollar index also proved supportive.

PRICING NOTICE: Delayed publication of aluminium Rotterdam dup premium, alumina index, lithium prices

All Fastmarkets prices and premiums due to be published at 4pm London time on Thursday December 19 were delayed due to a technical error.

LIVE FUTURES REPORT 19/20: LME nickel price gains 1.6% despite fresh stock inflows

Nickel broke above $14,000 per tonne again in the morning trading session on the London Metal Exchange on Thursday December 19 despite further stock inflows.

Chinese stainless steel prices rise on improved sales, costlier nickel

China’s stainless steel market strengthened over the past week amid higher nickel prices on the London Metal Exchange, though a pick-up in trading activity eased selling pressure among steelmakers.

LIVE FUTURES REPORT 19/12: SHFE base metals prices largely up following PBOC liquidity injection; Cu down 0.1%

Base metals prices on the Shanghai Futures Exchange were mostly in positive territory at the end of the morning trading session on Thursday December 19, with the complex buoyed by news earlier today that China’s central bank had injected another round of cash into the country’s financial system.

IN CASE YOU MISSED IT: 5 key stories from December 18

Here are five Fastmarkets MB stories you might have missed on Wednesday December 18 that are worth another look.

Antofagasta files permits with US authorities for Minnesota copper project

Antofagasta Plc, through its Twin Metals Minnesota (TMM) subsidiary, has filed for operational and environmental permits with state and federal authorities in the United States, the company said on Wednesday December 18.

LIVE FUTURES REPORT 18/12: LME base metals prove directionless in lackluster day’s trading

The three-month prices of base metals on the London Metal Exchange traded in slim ranges to consolidate mixed at the afternoon kerb on Wednesday December 18.

BASE METALS WARRANT REPORT 18/12

A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday December 18.