The Platts Australian alumina assessment fell 50 cents/mt from Friday to $315.50/mt FOB Monday, weighed down by supply overhang, tight cash flows and lack of buyers. Alumina bid/ask levels were around $310-312/mt against $316/mt FOB ...
Tags: alumina, Australian-origin cargoes
Going long on lead and short on copper continues to be a solid investment strategy in 2014, particularly as lead tilts toward a supply deficit and copper toward surplus, investment bank BNP Paribas said Thursday. Despite lead's ...
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 ...
The global aluminum market is moving into its first annual deficit in six years as producers look to restructure in response to continued low prices, JP Morgan said in a research note Tuesday. "We expect the global aluminum market will ...
Tags: Aluminum, aluminum market
The global aluminium market is forecast to shift to deficit from surplus this year, HSBC said Monday in its Metals Quarterly report for the second quarter of 2014. "The acceleration of cuts and deferrals in markets outside China has ...
Tags: Aluminium Market, aluminium
China's domestic spot prices for copper, aluminum, lead and zinc fell between 1.2% and 11.9% year on year over January-February, the Ministry of Industry and Information Technology said Wednesday. Copper posted the biggest drop, falling ...
Russian AK5M2 secondary aluminum feedstock prices remained under downward pressure for a second week from weak export demand, Japanese buyers said Tuesday. Several Russian producers Tuesday offered $1,940/mt CIF Japan for AK5M2 feedstock ...
Tags: Aluminum Prices, Japanese Demand
Starting next month, publicly traded U.S. companies will have to report their use of certain minerals and their derivatives to the government. As an article (“Conflict minerals and corporate supply chains: The challenge of complying ...
China's domestic spot prices for copper, aluminum and lead fell around 7% year on year in 2013 on weak demand, the Ministry of Industry and Information Technology said Thursday. Lead posted the largest drop, falling 7.4% year on year to ...
Tags: Copper, Aluminum, Domestic Prices
China's domestic copper cathode output is expected to rise 5.6% year on year to 6.6 million mt in 2014, an analyst from state-owned nonferrous metals information division Beijing Antaike said Wednesday. In 2013, China's output stood ...
Tags: scrap, copper cathode, Mineral
The 2014 benchmark zinc treatment charge is likely to be at least $10 above last year's benchmark TC, sources said Tuesday at the International Zinc Association conference Tuesday in Dana Point, California. Sources put the likely 2014 TC ...
Glencore Xstrata produced 425,800 mt of copper in the fourth quarter ended December 31, 2013, up 32.2% year on year and up 3.1% quarter on quarter, the company said Tuesday. Copper output over January-December 2013 totaled 1.5 million mt, ...
Spot treatment charges for imported zinc concentrate paid to Chinese smelters remained flat at around $125-140/mt in January, unchanged from December, in thin trade and with ample domestic supply, industry sources in China said Tuesday. ...
Tags: thin trade, TC, industry sources, zinc
Perhaps the most impressive thing that Intel CEO Brian Krzanich announced at CES, the giant tech show in Las Vegas, this week, had nothing to do with new gadgets. Rather, it was the fact that in 2014, Intel will no longer use any ...
Tags: Conflict Metals, Intel
Copper concentrate imports into Nantong port in southern China's Jiangsu province reached 2.109 million mt in 2013, up 98% from 1.065 million mt imported in 2012, the official Xinhua news agency reported Tuesday, citing data from the ...
Tags: Copper Conc, Mineral