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Strike to end at Chuquicamata after Codelco reaches deal with unions [UPDATE]
Unionized workers at Codelco's Chuquicamata copper mining and smelting complex in Chile have accepted the company's offer of a new labor contract, union officials said in the early hours of Thursday June 27.
June 28, 2019
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By Generic people page
Insights
MORNING VIEW: LME base metals run into further selling ahead of Trump-Xi meeting
The first day of the Group of 20 (G20) summit in Japan gets underway on Friday June 28. With world leaders gathering at the event, and a few notable meetings scheduled on the sidelines, market participants will be keeping a close eye on any developments.
June 28, 2019
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By Generic people page
Insights
OUTLOOK: Looming production curbs in China set to boost long steel prices
The possibility of new restrictions in major steelmaking regions in China will likely give long steel prices in the country - which have been trending upward since hitting a price floor a week ago - a further boost in July.
June 28, 2019
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By Generic people page
Insights
APP China subsidiary becomes second largest Shandong Bohui shareholder
Ningbo Asia Paper Tube & Carton Box, a wholly-owned subsidiary of APP China, acquired a 5% stake in Shandong Bohui Paper Industry as of June 20. The corrugated packaging enterprise has revealed it plans to increase its holdings in the Shanghai-listed company to 6-15% in the next 12 months. Ningbo Asia Paper Tube & Carton […]
June 28, 2019
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Insights
LIVE FUTURES REPORT 28/06: SHFE base metals prices down ahead of G20 summit; Ni rises 0.2%
Base metals prices on the Shanghai Futures Exchange were mostly little changed to weaker during Asian morning trading on Friday June 28, with aluminium leading on the downside.
June 28, 2019
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By Huaqing Fu
Insights
PRICING NOTICE: Proposal to launch weekly fob China grade 304 stainless HRC, CRC assessments
Fastmarkets MB is proposing the launch of weekly export price assessments for stainless grade 304 Chinese hot-rolled coil and cold-rolled coil.
June 28, 2019
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By Generic people page
Insights
IN CASE YOU MISSED IT: 5 key stories from June 27
Here are five Fastmarkets MB stories you might have missed on Thursday June 27 that are worth another look.
June 28, 2019
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Insights
NEWSBREAK: Collapse at Glencore’s Kamoto copper-cobalt mine kills 19, production unaffected
A gallery collapse at Glencore's Kamoto Copper Company in the Democratic Republic of Congo has killed 19 people, the company said in a filing on the London Stock Exchange on June 27.
June 27, 2019
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By Generic people page
Insights
PRICING NOTICE: Delisting of third-party ferrous scrap, non-ferrous scrap and foundry ingot prices
Fastmarkets will two months from the publication of this notice delist and cease to publish 40 steel scrap, non-ferrous scrap and foundry ingot prices that it currently carries from third parties.
June 27, 2019
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By Generic people page
Insights
LIVE FUTURES REPORT 27/06: LME nickel price gathers momentum, breaches $12,650/t
Nickel’s three-month price on the London Metal Exchange continued its uptrend during morning trading on Thursday June 27, with short-covering activity pushing the metal’s outright price higher while trade optimism supports commodity investment.
June 27, 2019
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By Hassan Butt
Insights
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