The London Metal Exchange base metals failed to hold on to the excitement from US President-elect Joe Biden’s speech overnight, with zinc and nickel the hardest hit and copper once again falling below $8,000 per tonne on Friday January 15 and most of complex trading in negative territory.

Hydro’s Slovalco aluminium facility in Slovakia will stop all primary aluminium production by the end of September 2022, Hydro said on Wednesday, August 17

Latest analysis for aluminium, copper, lead, nickel, tin and zinc from our team of base metals experts

The base metals remain upbeat this morning, Wednesday December 9, with all the metals on the London Metal Exchange in positive territory on hopes that a US stimulus package may be on the way.

Fastmarkets is proposing to amend the frequency of its zinc spot concentrate treatment charges (TC) price assessment to fortnightly from its present monthly timing.

Traders in China are seeking to move piled-up base metal stock in the country to Southeast Asia and Europe, where supply is tight, with export arbitrage terms turning positive since Russia's invasion of Ukraine

The benchmark three-month aluminium price on the London Metal Exchange fell just short of the $2,000-per-tonne mark at the 5pm close on Wednesday November 18, ending the day at $1,998 per tonne, up by 1% from the previous day’s close.

The Shanghai Futures Exchange launched aluminium and zinc options contracts on Monday August 10 to meet growing desire for the important risk management tool, the exchange chairman said.

Fastmarkets has corrected the LME Asian reference and TAPO prices for March 18, which were published incorrectly due to a technical error.

After a month-long consultation period, Fastmarkets has discontinued its two zinc ingot premiums for the Indian market.