Fastmarkets worked to empower its customers in 2018 - a year when they had to navigate metal markets in which fundamentals were often tightening even as greater political restraints were placed on trade than for many years.

The London Metal Exchange would be open to providing ‘reciprocal’ support to the Shanghai Futures Exchange as the Chinese bourse looks to expand its metals storage network internationally, LME ceo Garry Jones said.

Deliverable nickel stocks at the Shanghai Futures Exchange-approved warehouses remained in an upward trajectory over the past week due to tax policy changes implemented at the start of the year.

Tensions between the United States and China have risen again after the US House of Representatives passed an act to support Hong Kong protestors - this is unlikely to help trade negotiations and therefore is another headwind for the markets.

ThyssenKrupp Metallurgical Products NY (TK MetPro NY) is adding a ferro-alloys and minerals trading desk as part of its US expansion.

Base metals prices on the Shanghai Futures Exchange were mostly down during the morning trading session on Friday March 15, with the complex reacting to news that China will cut its value-added tax (VAT) rate for manufacturing and other sectors on April 1.

Vedanta chairman Anil Agarwal has joined the mining philanthropists hall of fame.

The latest news and price moves to start the Asian day on Tuesday April 24.

Most of the base metals prices on the London Metal Exchange were little changed on the morning of Wednesday May 16, the exceptions were zinc (+0.6%) and tin (-0.5%). Copper was up by 0.1% at $6,818 per tonne.

Base metals prices on the Shanghai Futures Exchange were broadly down during Asian morning trading on Monday January 14, with weakness in US equity markets last Friday denting investors’ risk appetite.