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EUROPEAN MORNING BRIEF 31/08: China, Malaysia drive manganese ore supply spike; US to allow product-specific 232 exemptions; global SiMn output reaches 6-month high

August 31, 2018 / www.metalbulletin.com

Good morning from Metal Bulletin's offices in Asia as we bring you the latest news and pricing stories on Friday August 31.Base metals prices on the Shanghai Futures Exchange were broadly up during Asian morning trading on Friday August 31 with aluminium and copper weakening while the rest of the complex registered slight gains. The slightly bullish performance follows the release of better-than-e...Read More

STEEL WEEK IN BRIEF: Trump grants limited 232 exemptions, Turkish mills resume scrap bookings

August 31, 2018 / www.metalbulletin.com

Metal Bulletin reviews the major stories that have affected the steel market over the week ending Friday August 31....Read More

NON-FERROUS WEEK IN BRIEF 31/08: Section 232; US lead-acid battery prices lower; Chinese silico-manganese production; antimony prices continue upward move

August 31, 2018 / www.metalbulletin.com

Metal Bulletin rounds up some of the key news and price moves across the global metal markets this week....Read More

LIVE FUTURES REPORT 31/08: LME base metals end the week in negative territory due to dollar; zinc down 3.7%

August 31, 2018 / www.metalbulletin.com

The London Metal Exchange three-month nickel price closed trading nearly 4% lower on Friday August 31, with the complex under pressure from the stronger dollar....Read More

SHFE to start copper options trading on Sept 21

August 31, 2018 / www.metalbulletin.com

The Shanghai Futures Exchange has received the greenlight to start trading the long-awaited copper options on September 21, the China Securities Regulatory Commission (CSRC) said on Friday August 31....Read More

LIVE FUTURES REPORT 31/08: Comex copper remains under pressure before holiday weekend

August 31, 2018 / www.metalbulletin.com

Comex copper prices sank for the third consecutive session on Friday August 31 morning in the US, with ongoing fears of an escalating trade war and a stronger dollar applying pressure to the complex once again....Read More

Mega Uranium Ltd. Closes Private Placement

August 31, 2018 / www.megauranium.com

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESToronto, Canada (August 31, 2018) - Mega Uranium Ltd. (MGA: TSX) is pleased to announce the closing today of its previously announced non-brokered private placement (the "Financing"), pursuant to which the company raised aggregate gross proceeds of $1,500,000 from the issuance and sale of 13,636,364 un...Read More

STEEL WEEK IN BRIEF: Trump grants limited 232 exemptions, Turkish mills resume scrap bookings

August 31, 2018 / www.metalbulletin.com

Metal Bulletin reviews the major stories that have affected the steel market over the week ending Friday August 31....Read More

EUROPE STAINLESS STEEL: Base prices steady despite lower September surcharges

August 31, 2018 / www.metalbulletin.com

Base prices for flat and long stainless steel products in Europe were unchanged in the week ended Friday August 31 despite the fact that alloy surcharges were likely to go down in September....Read More

US benchmark A380.1 alloy price yields to scrap stress

August 31, 2018 / www.metalbulletin.com

The US secondary aluminium alloy market's benchmark A380.1 price has fallen to its lowest point since September 2017, but alloy producers have continued to resist pressure to discount offers, capitalizing on record-wide spreads between aluminium scrap and alloy prices....Read More

LIVE FUTURES REPORT 31/08: LME base metals end the week in negative territory due to dollar; zinc down 3.7%

August 31, 2018 / www.metalbulletin.com

The London Metal Exchange three-month nickel price closed trading nearly 4% lower on Friday August 31, with the complex under pressure from the stronger dollar....Read More

SHFE to start copper options trading on Sept 21

August 31, 2018 / www.metalbulletin.com

The Shanghai Futures Exchange has received the greenlight to start trading the long-awaited copper options on September 21, the China Securities Regulatory Commission (CSRC) said on Friday August 31....Read More

NON-FERROUS WEEK IN BRIEF 31/08: Section 232; US lead-acid battery prices lower; Chinese silico-manganese production; antimony prices continue upward move

August 31, 2018 / www.metalbulletin.com

Metal Bulletin rounds up some of the key news and price moves across the global metal markets this week....Read More

BATTERY RAW MATERIALS MARKET REPORT 31/08: Lithium carbonate prices slide again amid ample supply

August 31, 2018 / www.metalbulletin.com

An overview of the battery raw materials markets and their price moves from the past week.Read More

LIVE FUTURES REPORT 31/08: Comex copper remains under pressure before holiday weekend

August 31, 2018 / www.metalbulletin.com

Comex copper prices sank for the third consecutive session on Friday August 31 morning in the US, with ongoing fears of an escalating trade war and a stronger dollar applying pressure to the complex once again....Read More

Venkatakrishnan takes over as Vedanta CEO amid restructure

August 31, 2018 / www.metalbulletin.com

Srinivasan Venkatakrishnan was to take up his duties as the new chief executive officer of Vedanta Resources on Friday August 31, replacing interim CEO Kuldip Kaura, according to a company statement issued on the same date....Read More

NORTH AMERICAN MORNING BRIEF 31/08: LME zinc up 1.8%; SHFE copper stocks falling; China's lithium carbonate prices lower

August 31, 2018 / www.metalbulletin.com

The latest news and price moves to start the North American day on Friday August 31. ...Read More

CIS STEEL BILLET: Prices decline in slow market

August 31, 2018 / www.metalbulletin.com

CIS export billet prices inched down on Friday August 31 due to little activity in the market, according to market sources....Read More

POLAND REBAR: Domestic prices stable while mills push offers further up

August 31, 2018 / www.metalbulletin.com

Domestic prices for rebar in Poland have been stable over the week, while the mills are aiming at higher prices, sources told Metal Bulletin....Read More

Italian unions announce September 11 strike action at Ilva over sale uncertainty

August 31, 2018 / www.metalbulletin.com

Italian steel trade unions have announced company-wide strike action at troubled Italian steelmaker Ilva, to take place on Tuesday September 11, four unions said in a joint statement on Friday August 31.The statement was co-signed by Fim-Cisl, Fiom-Cgil, Uilm and Usb.The decision to strike comes amid continued uncertainty over the future of the flat steel producer, after Luigi Di Maio, Italy's min...Read More

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