WEEK-IN-BRIEF: Ebola in West Africa; Glencore output; the battle over Al spreads; TK Met’s US expansion

What has been going on in metal markets over the past week? A review from the Metal Bulletin team

What has been going on in metal markets over the past week? A review from the Metal Bulletin team

What effect has the Ebola virus had on West Africa’s mining sector? Metal Bulletin’s Andrea Hotter asked the companies that have operations there. Read the round-up here

Metal Bulletin recently looked at the state of the industry across all the mining countries of West Africa, where there is significant bauxite, iron ore and manganese ore production. Click here for Metal Bulletin’s Fast Facts Africa

Want a quick glance at Glencore’s production results, which were released on August 13? See them here

For a fuller picture of zinc, copper, ferro-chrome and nickel production, take a look here

Higher metal prices and sufficient supply of zinc concentrates for the moment have driven up treatment charges for zinc. Here are the details

The aluminium cash-to-three-months contango on the London Metal Exchange widened last week, before tightening again. Metal Bulletin’s Jethro Wookey reviewed the battle that is going on in the aluminium spread

The US Midwest premium, the European premium and the Japanese premium are the three most widely-watched benchmarks for the physical aluminium market outside the LME price.

Premiums in the USA moved up by 50-75 cents per lb last week, as the market remained flat at elevated levels in Japan and Brazil: sellers feel strong enough not to sell, and buyers do not need to add to contracted volumes – yet.

Check the latest reports from the USABrazil and Japan

Russian separatists seized Privat Group’s Stakhanov ferro-alloys plant earlier this month. Privat will increase ferro-silicon production at Zaporozhye to compensate for production lost at Stakhanov. Find out more here

ThyssenKrupp Metallurgical Products is adding a ferro-alloys trading desk to its operations in the USA. Metal Bulletin has all the details. 

A close reading of Umicore’s results a couple of weeks ago revealed a joint venture that the Belgium-based speciality product company had done with China-based Vital Materials.

What does the deal mean for the indium market inside and outside China? A briefing here

And find out more here about the production – and a ready buyer for it

The London Metal Exchange published its second commitment of traders report. In which market did money managers cut long positions by 12%? Check our take on the data here


What to read next
Germany-based copper recycling and non-ferrous metal provider Aurubis has started commissioning their secondary smelter in Augusta, Georgia, and could eventually introduce black mass recycling to the facility
Base metals on the London Metal Exchange were mixed in morning trading on Monday June 10, with three-month prices lacking direction amid thin traded volumes due a public holiday in China, the largest market for base metals
Copper concentrate treatment and refining charges have repeatedly fallen to record-low levels over the first five months of 2024
The publication of Fastmarkets’ assessments for the nickel briquette premium, delivered Midwest US and the nickel 4x4 cathode premium, delivered Midwest US for June 4 were delayed because of incorrect methodology application.
Trading in the spot copper concentrate market in Asia was sluggish in the week to Friday May 31, with smelters not actively looking for spot units, sources said
To reach the International Energy Agency’s (IEA) net zero by 2050 goals, the North American aluminium industry needs around $60 billion in private and public investment, according to a May 29 report by the Aluminum Association and the environmental consulting firm ICF