Global miner Eurasian Resources will place its Boss Mining copper-cobalt unit in Democratic Republic of Congo on care and maintenance at the end of February 2019, the company has told Fastmarkets.

London Metal Exchange’s forward price spreads for copper have swung into the widest backwardation in almost four years as the market rolls positions for key third-Wednesday positions.

Whisper it: London Metal Exchange base metal price movements are increasingly being driven less by trade-war dominated macro headlines and more by fundamentals.

The three-month base metals prices traded on the London Metal Exchange were mixed and little changed on the morning of Tuesday February 19.

Base metals prices on the Shanghai Futures Exchange were split into two camps during Asian morning trading on Tuesday February 19, with zinc, lead and aluminium recording losses, while the rest continued their upward trend from Monday.

US Secretary of Commerce Wilbur Ross has formally submitted to President Donald Trump the report on the Section 232 investigation into the effect of imports of automobiles and automobile parts on national security, according to a statement on Sunday February 17.

The three-month base metals prices traded on the London Metal Exchange were mixed on the morning of Monday February 18.

Base metals prices on the Shanghai Futures Exchange were up across the board during Asian morning trading on Monday February 18, with market sentiment boosted by positive trade developments and data releases at the end of last week.

Here are five Fastmarkets MB stories you might have missed on Friday February 15 that are worth another look.

Fastmarkets proposes to launch a monthly Italy domestic grade E40 shredded steel scrap € per tonne delivered to Italian mill price assessment.