Nickel has quietly been going neck-in-neck with copper since the start of the base metals rally in mid-2020, and is now approaching a key level that analysts believe could spur investment in new supply.
News ID: 10172 Publish Date : 2021/02/12
Zinc bulls have just received a reality check.
News ID: 10086 Publish Date : 2021/01/29
Copper rallied again on Friday after a rebound in Chinese imports of the metal indicated the country’s manufacturing and construction sector may be emerging faster than anticipated from the covid-19 slump.
News ID: 9435 Publish Date : 2020/05/09
Copper rallied again on Friday after a rebound in Chinese imports of the metal indicated the country’s manufacturing and construction sector may be emerging faster than anticipated from the covid-19 slump.
News ID: 9391 Publish Date : 2020/05/08
China’s ability to absorb surplus, potential supply disruptions in the Middle East and the global energy transition are key to the outlook for aluminum in 2020, according to UK-based research and consultancy group Wood Mackenzie.
News ID: 8400 Publish Date : 2020/02/06
The London Metal Exchange's ( LME ) Steel hot-rolled coil (HRC) fob China (Argus) futures has traded more than all of its other ferrous contracts combined this month.
News ID: 8315 Publish Date : 2020/01/23
The year 2019 can be called an aftermath of trade wars, restrictive tariffs, sanctions, capacity cuts and price volatility that impacted the aluminium value chain the year earlier.
News ID: 8011 Publish Date : 2019/12/18
Multiple annual supply contracts for special high-grade zinc premiums in Europe have settled at $120/t on an fca basis over the past week.
News ID: 7903 Publish Date : 2019/12/10
The price of copper surged on Friday after reports showed the US economy in robust health on the back of strong payroll numbers – the best reading since January – and progress in trade talks with China.
News ID: 7854 Publish Date : 2019/12/06
The price of copper surged on Friday after reports showed the US economy is in robust health on the back of strong payroll numbers – the best reading since January – and progress is being made in trade talks with China.
News ID: 7830 Publish Date : 2019/12/06
Drakewood Capital Management has traded the LME 's China steel coil export contract, in the first reported trade by a hedge fund since the contract launched in March.
News ID: 7511 Publish Date : 2019/11/22
Andy Home, a Senior Metals Columnist at Thomson Reuters, said at the SMM London Metal Exchange Week 2019 that China’s aluminium production would likely grow significantly in 2020, indicating a potential jump in exports in anticipation of relatively moderate growth in domestic demand.
News ID: 7294 Publish Date : 2019/11/06
The London Metal Exchange ( LME ) will permit bonded warehouse companies to extend load-out queues of cancelled warrants and encourage off-warrant stockholders to report their stock holdings to the exchange in a series of new measures that will be introduced to increase visibility of global base metal inventories.
News ID: 7068 Publish Date : 2019/11/01
Bank of China subsidiary BOCI has completed its first trade on the LME 's fob China hot-rolled coil (HRC) contract on behalf of a client.
News ID: 6999 Publish Date : 2019/10/25
The price of chrome ore from both overseas and the Chinese market remained stable. Affected by the Indonesian government's ban on the export of nickel ore, the LME nickel has surged, which has pushed up the price of stainless steel.
News ID: 6354 Publish Date : 2019/09/02
The London Metal Exchange ( LME ) is partnering with Fastmarkets to develop the reference price for its planned lithium futures contract, which will help analysts and executives to get a full sense of the global market for the key ingredient in the making of the batteries that power electric vehicles (EVs).
News ID: 4794 Publish Date : 2019/06/10
The London Metal Exchange ( LME ) nickel market was last week gripped by the most acute tightness in a decade.
News ID: 4610 Publish Date : 2019/05/21
US automakers this week announced more than $1.1bn in investments into electric vehicle (EV) production plants, expanding on the recent trend.
News ID: 4135 Publish Date : 2019/03/23
The London Metal Exchange ( LME ) is launching seven new cash-settled futures contracts on Monday, including hot-rolled coil (HRC) steel, alumina and cobalt, aiming to attract more business after profits fell last year.
News ID: 3990 Publish Date : 2019/03/12
The price of copper surged nearly 3% on Friday after stocks held in global warehouses operated by the LME fell to the lowest since 2005.
News ID: 3730 Publish Date : 2019/02/24