December 2021

Lead byproducts may not be Chinese smelters' silver lining: 2022 preview

While primary lead smelters in China are keeping their hopes high on generating more profits from the recovery of byproducts amid losses in the smelting of the base metal, some are skeptical about whether this would be enough of a lifebuoy for them to keep their heads above water in 2022.

LME base metals mixed at year end, tin up 84.6% from January

Base metals prices on the London Metal Exchange were mixed at the 2.30pm close on Friday December 31 after trading on thin volumes.

Annual copper concs TC/RC, blister RC contracts concluded higher; spot quiet

Spot copper concentrate processing charges rose in the week with more smelters taking up tonnages at higher treatment charge/ refining charge (TC/RCs) for the first quarter of 2022.

High-silver lead concentrate set to diverge from standard-grade material: 2022 preview

Silvery lead concentrate is expected to remain sought-after in 2022 with growing interest in the recovery of precious and minor metals from the smelting of lead, while its low-silver peers could face very different market fundamentals, multiple industry sources told Fastmarkets.

Stocks of most SHFE base metals down; copper inventories up by 40.5%

Most of the deliverable base metal stocks in Shanghai Futures Exchange warehouses declined in the week ended Friday December 31, with nickel falling the most in percentage terms and copper stocks gaining the most.

China’s NPI price up at year-end; ferro-nickel discount increases

A recovery in the Chinese stainless steel market has caused the domestic nickel pig iron (NPI) price to rebound in the week ended Friday December 31, while the ferro-nickel discount increased at the year-end, Fastmarkets learned.

LME base metals begin last trading day of 2021 on a high

Base metals prices on the London Metal Exchange were mostly higher during morning trading on Friday December 31, with copper leading the way.

Japan’s aluminium imports surge by 20.1% in October

Japan imported 260,100 tonnes of aluminium in October, up by 43,600 tonnes (20.1%) from a month earlier and 90,600 tonnes (53.5%) higher than a year earlier, according to the latest data from the Japan Aluminium Association released this week.

Five key stories from December 30

Here are five Fastmarkets stories you might have missed on Thursday December 30 that are worth another look.

High energy costs bump LME aluminium, zinc higher

Base metals on the London Metal Exchange mostly edged higher on Thursday December 30, with energy-intensive base metals aluminium and zinc leading the small increase.