February 2015

European aluminium premiums drop further as desperation emerges among sellers

Aluminium premiums dropped still further on Friday February 27, as market participants reported increasing desperation to unwind long positions.

MILLING ABOUT: Albras seeks new ceo after Truci’s departure

Brazilian aluminium producer Albras is on the hunt for a new ceo following the departure of Helio Truci earlier this month.

Brazil’s aluminium premiums fall on weak demand, global market dynamics

Brazil’s aluminium premiums have fallen over the past week, affected by sluggish domestic demand and softening international markets.

LME OFFICIALS: Copper prices fall on profit taking, capping week of gains

Copper prices dropped during official trading on the London Metal Exchange on Friday February 27, on profit taking after prices reached a six-week high.

BIG QUESTION: What do new year moves show about China's influence on LME copper?

To what degree does China drive copper prices on the London Metal Exchange?

Hong Kong SFC wins court ruling to wind up China Metal Recycling

Hong Kong’s Securities and Futures Commission (SFC) won a landmark lawsuit on Thursday February 26 to wind up China Metal Recycling (Holdings) Ltd, in a legal outcome that bolsters the power the regulator has on overseas companies suspected of misconduct.

FACTS: China's base metal imports in January

A summary of China’s base metals imports figures for January.

Shanghai copper price climbs amid hopes for government support

Shanghai Futures Exchange copper prices rose on Friday February 27, amid mounting hopes for supportive government policies.

Yantai Penghui to resume production shortly

Shandong-based copper smelter Yantai Penghui is expected to resume production shortly following suspension of operations last December, a company official told Metal Bulletin on Friday February 27.

SHFE vs LME arbitrage: copper, aluminium, zinc

Arbitrage for copper, aluminium and zinc imported into China*