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How the resurgence of Covid-19 in China is affecting the base metals sector
China's base metals industry seems to be taking the biggest hit from the country's latest virus-control restrictions, with the authorities sticking with a restrictive “dynamic clearing” approach in a bid to see off the country's worst Covid-19 outbreak since early 2020.
April 1, 2022
·
By Yiwen Ju
Insights
US recycling plant just the start for Aurubis, its CEO says
German copper producer Aurubis is on track to deliver its new recycling plant in Georgia, the United States, with the project just the starting point for the company’s foray outside Europe, the company’s chief executive officer said
March 31, 2022
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By Andrea Hotter
Insights
Base metals: Behind all the volatility, the fundamentals are still robust
Latest analysis for aluminium, copper, lead, nickel, tin and zinc from our team of base metals experts
March 29, 2022
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By William Adams, Andrew Cole, Boris Mikanikrezai, Yang Cao, James Moore
Insights
LME nickel price closes week at $35,000; aluminium, zinc up 6%
Nickel prices on the London Metal Exchange had fallen by 4% at the 5pm close of trading on Friday March 25, after another week of disruptions.
March 25, 2022
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Insights
US Midwest aluminium premium falls from peak
The benchmark aluminium premium in the United States fell from its all-time high amid reported discounting, after having broken a series of records in six of the past seven assessments, sources told Fastmarkets on Friday, March 18
March 21, 2022
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By Orla O'Sullivan
Insights
Correction to March 18’s LME Asian reference prices, TAPO prices
Fastmarkets has corrected the LME Asian reference and TAPO prices for March 18, which were published incorrectly due to a technical error.
March 21, 2022
·
Insights
Lack of direct sanctions against Russian aluminium fails to halt rapid advance of premiums in Europe
The European aluminium industry fretted over the availability of Russian material the last time sanctions were applied in 2018, but with premiums already pushing to near all-time highs following Russia's invasion of Ukraine, it's clear the market's reaction is very different this time around.
March 17, 2022
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By Imogen Dudman
Insights
US Midwest aluminium premium nears possible ‘tipping point’ of 40 cents per lb
Despite the belief in some quarters that the benchmark aluminium premium in the United States had finally peaked, the P1020 premium rose to yet another all-time high on Friday March 11, approaching 40 cents per lb
March 15, 2022
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By Orla O'Sullivan
Insights
Ukraine war prompts Chinese traders to eye base metals exports
Traders in China are seeking to move piled-up base metal stock in the country to Southeast Asia and Europe, where supply is tight, with export arbitrage terms turning positive since Russia's invasion of Ukraine
March 9, 2022
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By Yiwen Ju
Insights
DRC administration of cobalt-copper mine may spell new trouble for hydroxides
A ruling by a court in the Democratic Republic of Congo (DRC) placing a temporary administrator in charge of China Molybdenum’s cobalt mine in the country could have significant implications for the cobalt hydroxide market, sources have told Fastmarkets
March 3, 2022
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By the Fastmarkets team
Insights
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