Base Metal Stock Articles

GLOBAL NICKEL WRAP: Chinese premiums trend higher on open import window; Europe market steady

July 25, 2018 / Chris Kavanagh

An open import arbitrage in China helped support nickel premiums in the week to Tuesday July 24, while premiums were unchanged in Europe due to the typical summer lull. ...Read More

Higher Grasberg output, copper prices boost Freeport's H1 earnings

July 25, 2018 / Archie Hunter

Freeport-McMoRan increased its copper production by 13.4% in the first half of the year, led by major output gains at Grasberg in Indonesia....Read More

Freeport seeks extension of Grasberg license while negotiating final agreements

July 25, 2018 / Andrea Hotter

Freeport-McMoRan is seeking an extension of its Indonesian subsidiary's temporary special license (IUPK) that would allow it remain in effect until all definitive agreements on its mining rights in the country are complete. ...Read More

Freeport seeks extension of Grasberg license while negotiating final agreements

July 25, 2018 / Andrea Hotter

Freeport-McMoRan is seeking an extension of its Indonesian subsidiary's temporary special license (IUPK) that would allow it remain in effect until all definitive agreements on its mining rights in the country are complete. ...Read More

PEOPLE MOVES: Chrome veteran Lillja to join Yildirim Group from Afarak

July 25, 2018 / Janie Davies

Michael Lillja will join Yildirim Group's Polymetcore trading arm from fellow chrome producer Afarak on September 1. ...Read More

Higher Grasberg output, copper prices boost Freeport's H1 earnings

July 25, 2018 / Archie Hunter

Freeport-McMoRan increased its copper production by 13.4% in the first half of the year, led by major output gains at Grasberg in Indonesia....Read More

Freeport seeks extension of Grasberg license while negotiating final agreements

July 25, 2018 / Andrea Hotter

Freeport-McMoRan is seeking an extension of its Indonesian subsidiary's temporary special license (IUPK) that would allow it remain in effect until all definitive agreements on its mining rights in the country are complete. ...Read More

MINOR METALS MARKET REPORT 25/07: Manganese flake prices continue to move up on material tightness; antimony edges up

July 25, 2018 / Ewa Manthey

An overview of the minor metals markets and the reasons for any price moves.Read More

DAILY SCRAP REPORT: Lack of rebar demand keeps Turkish mills quiet in deep-sea markets

July 25, 2018 / Cem Turken

The Turkish steel producers remained inactive in the deep-sea scrap markets on Wednesday July 25 because of the poor demand in the country's rebar markets....Read More

LIVE FUTURES REPORT 25/07: Comex copper builds momentum in midweek session

July 25, 2018 / Dalton Barker

Comex copper prices built on Tuesday's surge in morning trading on Wednesday July 25, with concerns about supply and a softer dollar combining to lift the red metal further....Read More

Freeport seeks extension of Grasberg license while negotiating final agreements

July 25, 2018 / Andrea Hotter

Freeport-McMoRan is seeking an extension of its Indonesian subsidiary's temporary special license (IUPK) that would allow it remain in effect until all definitive agreements on its mining rights in the country are complete. ...Read More

METALS MORNING VIEW 25/07: Metals generally firmer following Tuesday's gains

July 25, 2018 / William Adams

Three-month base metals prices on the London Metal Exchange were for the most part firmer on the morning of Wednesday July 25, with the complex up by an average of 0.4%. Tin (-0.2%) was the only metal showing a loss. Lead prices (+1%) led the advance, while copper prices rose by 0.4% to $6,290 per tonne.Volume has, however, been average - some 5,259 lots had traded across the complex as at 6.41am...Read More

EUROPE HRC: Safeguard case decision helps raise local prices

July 25, 2018 / Maria Tanatar

Domestic prices for hot-rolled coil (HRC) in Europe have gone up slightly over the past week, supported by the effects of the preliminary decision in an EU safeguard case, sources told Metal Bulletin on Wednesday July 25....Read More

EUROPE PLATE: Domestic prices inch up on safeguard case decision

July 25, 2018 / Maria Tanatar

Domestic prices for heavy steel plate in Europe have increased over the past week, supported by the announcement of preliminary measures in a regional safeguard case, sources told Metal Bulletin on Wednesday July 25....Read More

CHINA HRC: Prices edge up in eastern region amid declining inventory

July 25, 2018 / Miranda Song

East China's hot-rolled coil prices rose slightly on Wednesday July 25 following gains in the futures market that was attributed to a drop in inventory levels....Read More

EUROPE WIRE ROD: Prices rise amid tight supply as market focuses on safeguard action

July 25, 2018 / Ross Yeo

Metal Bulletin's weekly domestic price assessment for mesh-quality wire rod in Northern Europe rose on Wednesday July 25 to ?,?550-560 ($643-655) per tonne delivered, from ?,?540-550 per tonne last week....Read More

NORTHERN EUROPE REBAR: Prices narrow up amid safeguards

July 25, 2018 / Ross Yeo

Prices for rebar produced and delivered in Northern Europe narrowed upward this week with market participants digesting the recently introduced safeguards affecting steel imports into the EU. ...Read More

SOUTHERN EUROPE REBAR: Prices up but bullish momentum slows for holidays

July 25, 2018 / Ross Yeo

Prices for rebar produced and delivered in Southern Europe widened upward this week with availability remaining limited, even though trading activity was quiet because many market participants were away on holiday....Read More

DAILY SCRAP REPORT: Lack of rebar demand keeps Turkish mills quiet in deep-sea markets

July 25, 2018 / Cem Turken

The Turkish steel producers remained inactive in the deep-sea scrap markets on Wednesday July 25 because of the poor demand in the country's rebar markets....Read More

IRON ORE DAILY: Yuan depreciation discouraging buying in seaborne market

July 25, 2018 / July Zhang

Trading remained muted in the seaborne iron ore market on Wednesday July 25 though there was more activity at China's ports, mostly due to the weaker yuan in comparison with the dollar....Read More

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