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Base Metals ►  Copper, Aluminium, Zinc, Lead, Tin, Nickel
20 Apr 2010 Aluminium  ►  Copper futures down to $7,610/mt
Risk aversion drove copper to a three-week low on Monday, as investors fretted about the potential impact of fraud charges against Goldman Sachs, Wall Street's most influential bank and a leading... more 
12 Apr 2010   Copper futures rise to $7,975/mt
London copper futures pared gains after hitting a fresh 20-month high on Monday, but sentiment remained positive on strong Chinese import data and a weaker dollar... more 
8 Apr 2010   Base metals prices outlook looks good
Base metals forecasters are revising 2010 annual average price forecasts upwards on expectations of strong growth in Chinese demand and expanded investment in futures as hedges against a weaker... more 
  Copper futures slightly down to $7,945/mt
Copper drifted lower on Wednesday, retreating from the 20-month high hit a day earlier, as market players questioned whether prices around $8,000 a tonne were justified by supply and demand... more 
5 Apr 2010   Alcoa cuts Maadeen stake to 25%
Alcoa, Inc. is cutting its stake in a planned aluminium complex in Saudi Arabia its partner announced today... more 
  NALCO ups aluminium production by 20%
India's state-owned National Aluminium Co Ltd (NALCO) has produced 431,000 tonnes of aluminium in 2009-10, an increase of 19.4%, against 361,000 tonnes in 2008-09, the company said Saturday... more 
  Scrap metal prices soar
A steady stream of vehicles wheeled into the Iron City Steel and Recycling Center Thursday afternoon, piled high with everything from old washing machines to steel file cabinets and aluminium cans... more 
1 Apr 2010   Copper at 20-month high
Copper climbed on Thursday to its highest level in 20 months, as strong manufacturing data in Asia, Europe and the United States bolstered demand prospects on the first day of the second quarter... more 
30 Mar 2010   Chalco says aluminium prices will rise
Aluminum Corp of China Ltd (Chalco), the largest producer of the metal in China, has moved into the black in the first two months of this year after posting a loss in 2009, buoyed by price hikes for... more 
29 Mar 2010   Kaiser Aluminum closes $175m private placement
Kaiser Aluminum Corporation today announced the closing of its private placement of $175 million aggregate principal amount of 4.5% Cash Convertible Senior Notes due 2015 (the "notes"). The $175... more 
26 Mar 2010   Execs say limiting metals trade bad for the U.S.
Financial industry executives are warning regulators that restricting the volume of speculative trading in metals futures would drive U.S. business overseas... more 
  LME copper futures rise to $7,435/mt on demand prospects
Copper prices maintained a positive tone in late business on Thursday, with upbeat labour market data in the United States and indications of brighter demand prospects outweighing lingering concerns... more 
25 Mar 2010   Kaiser Aluminum in $150m pricing of cash notes
Kaiser Aluminum Corporation today announced the pricing of $150 million aggregate principal amount of Cash Convertible Senior Notes due 2015 (the "notes") through a private offering to qualified... more 
  Copper futures slide to $7,375/mt
Industrial metal prices collapsed on Wednesday, succumbing to currency-led pressures and increased bouts of risk aversion as the dollar rallied on news of a credit rating downgrade for Portugal... more 
23 Mar 2010   Copper futures slightly up at $7,450/mt
LME copper for three-months delivery closed at $7,450 a tonne from a close of $7,435 on Friday... more 
19 Mar 2010   Rio Tinto signs iron ore deal with Chinalco
Anglo-Australian metal digger Rio Tinto sealed a vital deal with China to jointly develop a vast iron ore reserve in Africa... more 
17 Mar 2010   Copper futures reach $7,534/mt
LME copper futures hit a one-week high of $7,547.25 a tonne, before closing at $7,534 a tonne in rings from $7,400 on Tuesday. After the close, copper climbed to $7,550.50... more 
16 Mar 2010   Copper futures at 2-week low, $7,310/mt
LME copper futures closed at $7,310/mt a tonne, down from $7,440 on Friday. It earlier touched $7,255.00, its lowest level since March 2... more 
  Chinalco buys into tungsten & rare earths producer Jiangxi
Aluminum Corporation of China (Chinalco) has signed a cooperation agreement with the Jiangxi provincial government on March 13 to acquire a controlling stake in Jiangxi Rare Earth & Rare Metals... more 
  Ferrostaal sells scrap recycling plant to Gulf Star Metals
Ferrostaal AG said Friday that it has sold and financed a cable recycling plant to Gulf Star Metals in Ajman which will permit the first machines from this sector to be installed in the UAE... more