Skip Navigation LinksHome|News & Analysis|Previous News Headlines

Previous Metals News Headlines

View By Commodity:


Sao Paulo (Platts)--21 Oct 2016 534 pm EDT/2134 GMT
Brazil's domestic hot-rolled coil prices continued to be stable for the week ended Friday, despite market chatter about an impending price hike in the coming weeks, market sources said.
Lima (Platts)--21 Oct 2016 517 pm EDT/2117 GMT
Peruvian poly-metallic producer Minera El Brocal increased copper and zinc output in the third quarter after ramping up a $473 million expansion of its concentrator plant, the company said Friday.
London (Platts)--21 Oct 2016 845 am EDT/1245 GMT
Gold exports from Switzerland totaled 149 mt in September, down 9% from 163 mt in August, Swiss federal customs data showed Tuesday.
Sydney (Platts)--21 Oct 2016 841 am EDT/1241 GMT
China's alumina import volumes, which have been relatively low during the nine months to September, are expected to swell significantly during the months of October and November, industry sources said.
Tehran (Platts)--21 Oct 2016 842 am EDT/1242 GMT
Demand in Iran's steel billet market is estimated as average, but is better than the last few weeks, traders said.
Tokyo (Platts)--21 Oct 2016 209 am EDT/609 GMT
Japanese molybdenum traders are continuing to offer material for 2017 supply at discounts to the Platts monthly average prices, as was seen for most contracts settled for this year, sources said Friday.
Louisville, Kentucky (Platts)--20 Oct 2016 609 pm EDT/2209 GMT
New Day Aluminum, whose parent company is headed by the former senior management of Wise Metals, was the successful bidder for the remaining upstream assets of US-based producer Noranda Aluminum.
Pittsburgh (Platts)--20 Oct 2016 607 pm EDT/2207 GMT
Steel Dynamics President and CEO Mark Millett said during the company's third-quarter earnings call Thursday that US sheet steel pricing had likely reached its trough for this year, but buyers were skeptical that pricing would not continue to stair-step down.
London (Platts)--20 Oct 2016 843 am EDT/1243 GMT
The London Metal Exchange's ferrous scrap contract saw 3,800 lots traded Wednesday, the largest total for a single session since the contract's inception in the fourth quarter last year, data published by the exchange showed Thursday.
London (Platts)--20 Oct 2016 845 am EDT/1245 GMT
The Platts SHG zinc marker was assessed unchanged in October at $120-$140/mt plus LME cash IW Rotterdam, despite falling premiums in the US, as market sources noted that recent outages at Nyrstar smelters over Q3 had tightened short-term supply and lifted premiums.
Sydney (Platts)--20 Oct 2016 843 am EDT/1243 GMT
Australia-listed miner South32 has lowered its production and sales guidance for its Australian Illawarra Metallurgical Coal operation for fiscal 2016-2017 (July-June) after production rates fell in July-September, the company said in its quarterly production results Thursday.
Singapore (Platts)--20 Oct 2016 544 am EDT/944 GMT
The Japanese spot import market for Chinese aluminum alloy ADC12 was lackluster in recent sessions after the yen weakened against the dollar, Japanese trade and consumer sources said Tuesday.
Pittsburgh (Platts)--19 Oct 2016 555 pm EDT/2155 GMT
The range of hot-rolled steel coil prices available in the US sheet market broadened and sunken lower in the last week, as some mills have maintained high offer levels while others have sold significantly cheaper levels to secure business, market sources said Wednesday.
London (Platts)--19 Oct 2016 1046 am EDT/1446 GMT
China's central bank added 5 mt to its gold reserves in September, the same volume as in July and August, data released by the People's Bank of China showed Wednesday.
Liverpool (Platts)--19 Oct 2016 1047 am EDT/1447 GMT
Australian miner Atlas Iron was hit by rising metallurgical coal costs in its first quarter ended September, according to its latest production report Wednesday.
Tehran (Platts)--19 Oct 2016 928 am EDT/1328 GMT
The priority of Mobarakeh Steel Company is to supply material required by Iran's downstream manufacturers, while export is of secondary importance, according to Mahmoud Akbari, deputy head of sales at Iran's largest steel company.
London (Platts)--19 Oct 2016 921 am EDT/1321 GMT
The global copper market recorded a 90,000 mt surplus in January-August, down from a surplus of 302,000 mt in the whole of 2015, the World Bureau of Metal Statistics said Wednesday.
Tokyo (Platts)--19 Oct 2016 515 am EDT/915 GMT
The Platts CIF Japan premium for 99.7% aluminum ingot was assessed at $65-$70/mt plus London Metal Exchange cash CIF Japan Wednesday, unchanged since October 4.
Louisville, Kentucky (Platts)--18 Oct 2016 525 pm EDT/2125 GMT
At least two bidders, including stalking horse New Day Aluminum LLC, were still competing late afternoon Tuesday for the right to acquire Noranda Aluminum's remaining upstream assets, sources confirmed to S&P Global Platts.
Pittsburgh (Platts)--18 Oct 2016 524 pm EDT/2124 GMT
A US East Coast bulk ferrous scrap cargo sold late Monday has helped establish a floor for domestic US scrap pricing, sources said Tuesday.
Singapore (Platts)--18 Oct 2016 941 am EDT/1341 GMT
Industry and financial experts attending the 2016 LBMA/LPPM Precious Metals Conference this week debated whether financial and retail investors would continue to favor gold amid demographic changes in Asia or if another financial crisis unfolded.
Singapore (Platts)--18 Oct 2016 940 am EDT/1340 GMT
Peabody Energy and Glencore PLC have sealed October-December benchmark deals in Asia for flagship Australian premium mid-vol coking coal grades at $200/mt FOB Australia, but other suppliers like Anglo American are still holding firm, according to sources.
Hong Kong (Platts)--18 Oct 2016 940 am EDT/1340 GMT
Spot treatment charges for imported zinc concentrate paid to Chinese smelters fell to $80-$90/mt in October, from $90-$100/mt in September, industry sources said Tuesday.
London (Platts)--18 Oct 2016 512 am EDT/912 GMT
Turkish sheet producers have filed new anti-dumping and countervailing duty petitions against hot rolled coil imports from China, Russia and Ukraine, sources told S&P Global Platts.
London (Platts)--17 Oct 2016 549 pm EDT/2149 GMT
Bullion Management Group has expanded its line of bullion funds with the launch of BMG Silver BullionFund, which invests exclusively in physical silver bullion, the Canadian company said Monday.
Pittsburgh (Platts)--17 Oct 2016 548 pm EDT/2148 GMT
US raw steel output held relatively flat last week, as the industry's capability utilization inched up to 67%, according to American Iron and Steel Institute data released Monday.
Singapore (Platts)--17 Oct 2016 924 am EDT/1324 GMT
In a bid to increase participation of the London Bullion Market Association Gold Price, administrator ICE Benchmark Administration said Monday that it will be introducing central clearing of the price discovery mechanism in March 2017, backed by a loco London futures contract.
Tehran (Platts)--17 Oct 2016 923 am EDT/1323 GMT
The first phase of Iran's South Kaveh Steel (SKS) plant is now complete and ready to be formally inaugurated, according to the facility's owner, the state-run Mostazafan Foundation.
Singapore (Platts)--17 Oct 2016 922 am EDT/1322 GMT
Market sources could not agree on how much the physical gold market in India has picked up even as the outlook for the global gold market remains mixed ahead of the annual London Bullion Market Association conference being held in Singapore from Monday.
London (Platts)--17 Oct 2016 920 am EDT/1320 GMT
Net long gold positions on US commodity exchange COMEX fell 26% to 148,793 contracts in the week to October 11, Commodity Futures Trading Commission data showed Monday.
Latest News Headlines

Related Product

Platts Metals Alert is the metal and steel industry's leading real-time news and price service. With Metals Alert, you’ll instantly learn about market changes—giving you access to information you can use to boost your profits, cut your losses and save time..

Metals AlertContact Sales

Related News & Analysis

Steel Podcast ArchiveEuropean Metals Focus ArchiveTop 250Follow @PlattsMetals on Twitter

Copyright © 2016 S&P Global Platts, a division of S&P Global. All rights reserved.