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MORNING VIEW: Base metals prices more negative than positive – waiting for fresh direction
Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were for the most part weaker while the market waits for direction from the US Federal Reserve when the Federal Open Market Committee (FOMC) concludes its meeting this evening.
January 27, 2021
·
By William Adams
Insights
Lithium miner SQM to raise $1.1bln to fund production expansion plan
Chilean lithium producer Sociedad Quimica y Minera (SQM) shareholders have approved a plan to raise $1.1 billion through the sale of common stocks, the company said on Friday January 22 as part of its expansion plan across its product range, which includes lithium and other industrial chemicals.
January 25, 2021
·
By Dalila Ouerghi
Insights
Argentina’s Atlantic ports paralysed as lorry drivers strike deepens
The indefinite strike action by independent truckers has paralysed activity at the ports of Bahia Blanca and Necochea, cutting off...
January 22, 2021
·
By Juan Pedro Tomas
Insights
Pilbara completes purchase of neighboring Altura lithium project
Lithium miner Pilbara Minerals has completed the acquisition of Altura Lithium, it said on Wednesday January 20.
January 20, 2021
·
By William Clarke
Insights
PEOPLE MOVES: Tianqi Lithium appoints Xia Juncheng as CEO
Xia Juncheng has become the chief executive officer of Chinese lithium producer Tianqi with effect from Saturday January 16, according to a filing to the Shenzhen Stock Exchange.
January 20, 2021
·
By Carrie Shi
Insights
Argentina truck driver strike slashes truck arrivals at key ports
Ongoing lorry drivers’ strike action causes big impact at Argentine grain ports: sources
January 19, 2021
·
By Juan Pedro Tomas
Insights
LIVE FUTURES REPORT 15/01: Zinc, nickel down by 1.4%; Cu below $8,000/t again
The London Metal Exchange base metals failed to hold on to the excitement from US President-elect Joe Biden’s speech overnight, with zinc and nickel the hardest hit and copper once again falling below $8,000 per tonne on Friday January 15 and most of complex trading in negative territory.
January 15, 2021
·
By the Fastmarkets team
Insights
Emirates Steel, Conares Steel raise rebar prices
United Arab Emirates producers Emirates Steel and Conares Steel have increased their rebar prices for February production with effect from Wednesday January 13.
January 13, 2021
·
By Serife Durmus
Insights
MORNING VIEW: Base metals prices consolidating below highs, above recent dips; all eyes on nickel
After strong gains on the London Metal Exchange on Tuesday January 12, when prices closed up with gains averaging 1.8%, prices were for the most part little changed this morning, with nickel the main mover.
January 13, 2021
·
By William Adams
Insights
Assmang declares force majeure on ferro-manganese production in South Africa
Mining and metals producer Assmang has declared force majeure on its medium-carbon ferro-manganese production in South Africa, a source told Fastmarkets this week.
January 12, 2021
·
By Declan Conway
Insights
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