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NEWSBREAK: South Africa’s Port of Durban reopens to all cargoes after suppliers struggle to find alternative export routes [UPDATED]
South Africa will now allow metal cargoes to be shipped from the Port of Durban during the country's 21-day lockdown, after many suppliers failed to find alternative export routes over the past week.
April 1, 2020
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By Generic people page
Insights
IN CASE YOU MISSED IT: 5 key stories from March 31
Here are five Fastmarkets stories you might have missed on Tuesday March 31 that are worth another look.
April 1, 2020
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By Generic people page
Insights
IN CASE YOU MISSED IT: 5 key stories from March 23
Here are five Fastmarkets stories you might have missed on Monday March 23 that are worth another look.
March 24, 2020
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By Generic people page
Insights
Market panic freezes copper physical trades in China; fabricators running higher rates
Physical trading for copper in China has ground to a halt after the tumbling copper price on the Shanghai Futures Exchange (SHFE) startled the market, Fastmarkets heard.
March 19, 2020
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By Generic people page
Insights
MMG’s Las Bambas cut operations to restrict Covid-19 spread
MMG temporarily reduced productions at its Peruvian copper mine-Las Bambas following the local governments' declaration of a 15-day state of national emergency to contain the coronavirus (2019-nCoV), the Australian-Chinese miner said on Thursday March 19.
March 19, 2020
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By Generic people page
Insights
Nexa Resources curbs Peruvian mining, smelting ops due to state of emergency
Multi-metals producer Nexa Resources has suspended mining and limited smelting operations in Peru after the local government declared a state of emergency and closed its borders due to the coronavirus (2019-nCoV) pandemic, the company said on Thursday March 19.
March 19, 2020
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By Generic people page
Insights
MORNING VIEW: Risk-off dominated in Asian trading, but some rebound being seen as Europe opens
While risk-off dominates and even though governments are prepared to throw money at the financial system and into economies and households, the likelihood is that more factories will close, household spending will fall, as will demand for raw materials, but there may be some dead cat bounces along the way.
March 19, 2020
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By Generic people page
Insights
FOCUS: Steep declines for LME base metals prices amid coronavirus pandemic; copper down 22% since Jan [CORRECTED]
A round-up of the London Metal Exchange three-month base metals price movements following the outbreak and subsequent spread of the novel coronavirus (2019-nCoV).
March 19, 2020
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By Generic people page
Insights
Codelco to cut operations amid Chilean state of emergency
Chilean copper miner Codelco will reduce its operations to comply with a state of emergency announced by the government in an attempt to curb the spread of the novel coronavirus (2019-nCoV), the state-owned company said on Wednesday March 18.
March 19, 2020
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By Generic people page
Insights
LIVE FUTURES REPORT 18/03: SHFE base metals prices continue to slide; Sn falls 3.6%
Base metals prices on the Shanghai Futures Exchange were down across the board at the close of morning trading on Wednesday March 18, with the complex still under the influence of heightened risk aversion stemming from the spread of the novel coronavirus (2019-nCoV) and its impact on the global economy.
March 18, 2020
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By Generic people page
Insights
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