Nyrstar launched a tender on Tuesday September 16 to buy back €320 million ($414 million) of its retail bonds for cash, as the company aims to enhance its financial position and flexibility.

Broader markets are generally still upbeat this morning, Tuesday December 17, with equities in Asia following the lead from western markets on Monday, although the metals are for the most part consolidating.

Global scrap metal exports were valued at $124.8 billion in 2011, marking a “banner year for global scrap demand”, the Institute of Scrap Recycling Industries (ISRI) said in a report.

Christian Schirmeister reached an agreement to leave JP Morgan on Monday February 23, five years after joining the bank as part of the team it acquired from RBS Sempra, he confirmed to Metal Bulletin sister title Copper Price Briefing.

The latest news and price moves to start the Asian day on Tuesday January 9.

Anton Posner and Margo Brock have set up a new logistics company called Mercury Resources, with a focus on global ocean freight and US-based metals warehousing operations, Metal Bulletin learned on Monday June 18.

Base metals prices on the London Metal Exchange are down an average of 0.4% this morning, Friday March 31, this despite better Chinese PMI data.

Base metals prices on the Shanghai Futures Exchange were largely in negative territory during the morning trading session on Tuesday September 24 after renewed concerns about a weak global economy dampened investors’ appetite for commodity investment.

After some consolidation at the end of last week, further strength has returned to the base metals this week, with copper prices pushing the envelope on the upside, while the rest of the complex has also seen prices head back towards recent highs.

With the exception of nickel and tin that were little changed, base metals prices on the Shanghai Futures Exchange were all down during morning trading on Monday June 17 following the release of disappointing Chinese data at the end of last week.