Russia's Rusal -- the world's largest aluminum producer -- has offered to Japanese buyers, a premium of $405/mt to London Metal Exchange cash, CIF Japan, for third quarter shipments to Japan, market sources said Thursday. The company had ...
Tags: Aluminum, aluminum producer
Some sellers of molybdenum oxide powder in Asia have lowered offers Friday, following falls during European trading hours Thursday, while others kept their offers at $14.70-14.80/lb CIF, market sources said. Platts assessed moly oxide at ...
Tags: Molybdenum Oxide, Oxide Powder
Despite a recent recovery in London Metal Exchange copper prices, market analysts were still bearish this week on the metal's price for the rest of this year, based on factors such as a surge in supply and a weak Chinese construction ...
Tags: copper, copper prices
Russia's Rusal produced 883,000 mt of aluminum in the first quarter of 2014, down 12.3% year on year, mainly due to output cuts and mothballed production at certain smelters in Europe and the Urals, the company said Tuesday. Value added ...
National Aluminium Company Ltd (NALCO, India's largest domestic aluminium producer) has invited expressions of interest (EoI) for sourcing an environmentally friendly technology for a 10 tonne per annum (TPA) gallium extraction plant that ...
Tags: Recovered gallium, Electrical, Electronics
Goldman Sachs remains bearish on the outlook for the copper price in 2014, with a target price of $6,200/mt, the investment bank said late Wednesday. "After selling off from $7,450/mt to $6,320/mt in mid-March, driven by Chinese property ...
Tags: Goldman Sachs, Copper Price
Japan's spot aluminum trade remained thin Monday, but market sources said the outlook for construction demand was positive and would boost buying interest if London Metal Exchange prices fall below $1,800/mt. The LME three-month aluminum ...
Tags: aluminum, aluminum ingot
The price of zinc could get up to $4,500/mt by the end of the decade as supply is outstripped by increasing demand, CRU analyst Helen O'Cleary said Monday. The analyst -- speaking at the Metal Events 6th International Zinc conference in ...
Tags: Zinc, increasing demand, CRU analyst
Spot imports of primary aluminum ingot into Japan were thin this week as buyers were waiting to see the impact from the postponment of LME's new warehouse process rules, Japanese market sources said Wednesday. Trade was thin also due to ...
Tags: aluminum ingot, spot market
Global copper supply is expected to remain in surplus in 2014 and continue to exert downward pressure on prices, Australia's Bureau of Resources and Energy Economics forecast in its March quarter report. "Although consumption is forecast ...
Tags: Copper, copper supply, Copper prices
China imported 379,000 mt refined copper in February, down 29% from January but up 27% from February 2013, General Administration of Customs data released Monday showed. Industry analysts Tuesday attributed the month-on-month fall to ...
Copper cathode inventories at China's Shanghai Futures Stock Exchange warehouses rose for the eight straight week to 207,320 mt as of March 7, up 4.6% week on week, according to SHFE data released late Friday. SHFE copper cathode stocks ...
Tags: Copper Cathode, SHFE Warehouses
Tianjin Precious Metals Exchange's plan to start spot copper trading from March 17 would probably boost trade in the metal in northern China, industry observers said Thursday. There could be some movement in trading from eastern and ...
Tags: Copper Market, spot copper
Global demand for refined lead metal exceeded supply by 22,000 mt in 2013, according to preliminary data compiled by the International Lead & Zinc Study Group. "Overall global demand for refined lead metal increased by 4.5%. This was ...
Tags: Refined Lead, lead metal
Prices of copper – the bedrock industrial metal and a benchmark for gauging the strength of the global economy – are likely to soften further in the coming year as production growth is expected to exceed that of consumption. ...
Tags: Softer Copper, Industrial Metal