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Manganese ore producer Consolidated Minerals (Consmin) has had to delay shipments to China from Port Hedland in Western Australia as a result of disruption caused by the novel coronavirus (2019-nCov) outbreak.
The three-month nickel price on the London Metal Exchange outperformed its peers across morning trading on Tuesday February 25, with all base metals trading in positive territory, while complex-wide selling pressure that emerged on Monday afternoon continued to ease.
Fastmarkets will host a free web seminar on Wednesday February 26 at 10am London time, to discuss the current trends for alumina and the evolution of its pricing.
Consolidation across a broad section of markets is underway this morning, Tuesday February 25, while Monday’s sell-offs pause as markets adjust to lower prices, but little has changed for the better.
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