Refining charges for imported blister copper went down in China in September because of unusually tight availability in the spot market, with only minimal volumes coming from Zambian producer Konkola Copper Mines (KCM) and local producers limiting their primary smelting activities due to record-low treatment charges for copper concentrates.
30 September 2019
Julian Luk
The three-month zinc price on the London Metal Exchange was higher at the close of trading on Monday September 30, climbing up by some 2.5% amid moderately high turnover, while lead futures were similarly stronger over the afternoon.
30 September 2019
Hassan Butt
The benchmark alumina price in the Pacific region has fallen to a fresh two-year low and below $290 per tonne for the first time since May 25, 2017.
30 September 2019
Alice Mason
Treatment charges (TCs) for lead concentrates rose to three-year highs late in September when smelters in China trimmed output ahead of national holidays and a negative arbitrage ratio remained in place for imports, while zinc TCs have also narrowed.
30 September 2019
Anna Xu, Archie Hunter, Julian Luk
Aluminium Bahrain (Alba) has appointed Bryan Harris chief financial officer and Khalid Turani chief of internal audit and risk management with effect from September 25 following the company’s most recent board meeting, the company said on Monday September 30.
30 September 2019
Amy Hinton
Weak fundamentals in global downstream aluminium-product premiums were a key concern for market participants further up the supply chain at Fastmarkets’ International Aluminium conference in Athens, Greece on September 23-25.
30 September 2019
Justin Yang
Major zinc smelter Nyrstar received zinc concentrate supply from Trafigura in 2018 with terms set at a quarter of that year's market benchmark, according to updated 2018 financial statements released by the company over the weekend.
30 September 2019
Archie Hunter
The appointment of a European chief trade enforcement officer should ease trade problems in the steel and aluminium sectors and help tackle Chinese excess capacity, industry experts told a meeting of the European Parliament Committee on International Trade (INTA) in Brussels.
30 September 2019
INS - Liz Newmark
Australian government officials warned domestic aluminium producers to stem exports to the United States and avoid threatened tariffs, a diversion that has caused units to flood the already well-supplied Japanese market.
30 September 2019
Archie Hunter, Justin Yang
The three-month nickel price on the London Metal Exchange was higher during morning trading on Monday September 30, buoyed by continued outflows and fresh cancellations, keeping exchange stocks at their lowest level since 2011.
30 September 2019
Hassan Butt
