February 2013

Taiwan zinc oxide producer mulls growth

Diamonchem International Co. Ltd. is mulling a new zinc oxide plant in Taiwan in the next two to three years, head of research Wei-Chung Chen said.

Pyrotek targets China zinc smelters to boost 2013 sales

Pyrotek Inc., an equipment supplier to aluminum and zinc producers, is anticipating a pickup in demand from Chinese zinc smelters this year, and is focusing its sales efforts on the region.

Peru registers record copper production and exports in 2012

Peruvian copper production reached a record level in 2012, totalling 1.29 million tonnes, according the country's statistics institute Inei.

CLOSE TO CLOSE: Base metals prices led by technicals in kerb

Base metals prices were led by technical indicators during the kerb session on the London Metal Exchange on Thursday February 28, as there was a general dearth of macroeconomic news affecting the market.

European aluminium consumers make Q2 bookings on LME fall

European aluminium consumers have finally started making large-volume bookings for second-quarter material, surprising sellers who were reporting almost no buying interest just 24 hours previously.

HOTLINE: Former Marex ceo Slade takes over at London Capital Group

Mark Slade, former Marex Financial ceo, has taken up the reins as chief executive of London Capital Group, a provider of online trading services.

Teck, Korea Zinc set treatment charge, but some smelters hold out for more

Teck and Korea Zinc have settled their annual zinc treatment charge (TC) contract at $210.50 per tonne, but several other major industry participants are yet to establish terms as smelters hold out for higher numbers.

Trafigura warehousing subsidiary appoints new ceo

Nicolas Konialidis has been made ceo of Trafigura subsidiary Impala, a warehousing and logistics company specialising in the transport and storage of bulk commodities.

MEIR ON METALS: Base metals prices down as revised US GDP disappoints

Analyst Ed Meir looks at what is moving the metal markets on Thursday February 28.

Trade log February 2013: Aluminium

Latest transactions and assessments in aluminium, month commencing February 1. All prices in warehouse, unless otherwise stated.