Nickel prices were today hovering at their lowest level since 2009, having been weighed down for months by surging London Metal Exchange stocks of the soldering metal and poor demand indicators. But outlooks are diverging.
30 June 2015
Fleur Ritzema
Welcome to the rolling base metals price report, tracking the Shanghai Futures Exchange and London Metal Exchange markets on Tuesday June 30. This article will be updated throughout the day with the latest on prices, comments, economic data and analysis.
30 June 2015
Rena Gu, Claire Hack, Ellie Wang, Charlotte Radford
The Metal Bulletin Copper Concentrates Index dropped to its lowest level in 22 months on June 30 as heavy competition for clean cargoes among merchants continued.
30 June 2015
Mark Burton, Kiki Kang
The “will they pay or will they go now?” question that has been agitating financial markets for months has only been partially answered by Greece’s decision not to pay the International Monetary Fund (IMF).
30 June 2015
Andrea Hotter
Key data from June 30 pricing session.
30 June 2015
James Heywood
Alcoa will permanently close its Poços de Caldas primary aluminium smelter in Brazil on June 30, removing 96,000 tpy of its smelting capacity.
30 June 2015
Andrea Hotter
German copper producer Aurubis's new organisational structure will improve the integration of its recycling business and align the company with its customers and markets, the company said on June 30.
30 June 2015
Charlotte Radford
As Greece edges closer to defaulting on 1.6 billion euros of loans from the International Monetary Fund, Metal Bulletin’s Jethro Wookey considers whether the country’s aluminium producers and converters could benefit from a Eurozone exit.
30 June 2015
Jethro Wookey
The latest news stories from the metals markets to start the day in North America on June 30.
30 June 2015
Charlotte Radford
A wave of supply is anticipated to hit China following the listing of Russia’s Norilsk brand on the Shanghai Futures Exchange, with poor fundamentals likely to keep prices in check for the rest of the year, market participants said on Tuesday June 30.
30 June 2015
Deepali Sharma
