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Base metals like copper, aluminium, nickel and alumina are some of the world’s most frequently traded commodities. With so many forces bearing down on the base metals market, win-win outcomes for negotiations depend on the depth and breadth of your understanding of the market.
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Nickel market participants around the world reacted with alarm to the allegations of “systematic fraud” raised by global commodity trading house Trafigura that could result in losses of up to $577 million
India has tough targets when it comes to increasing the volume of steel scrap being consumed by the country’s steel sector, but to reach its targets it will have to consider the supplies of such material that are available to Indian mills, an industry conference has heard
There’s widespread agreement that the London Metal Exchange nickel contract is broken, but little consensus on how to get it going again.
More than 100,000 tonnes of aluminium were delivered into London Metal Exchange warehouses in Gwyangyang, South Korea, on the morning of Wednesday February 8
European copper premiums continued to respond to the unprecedented increase in long-term contract levels in the week to Tuesday February 7, while those in China faced downward pressure due to limited buying and there was no movement in the US
General Motors (GM) is investing $650 million to develop the Thacker Pass mine in Nevada, the largest known source of lithium in the US and the third largest in the world
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