September 2009
Shanghai copper up 1% more as confidence grows
Shanghai copper futures rose another 1.3% on growing market confidence, consolidating yesterday's 2.9% rebound.
China's spot zinc TCs rise to $200 but tipped to fall
China's spot zinc treatment charges (TCs) have risen $30 from a week ago to $200 per tonne but are tipped to fall in coming weeks as supply tightens up, said market participants.
Jinchuan cuts nickel price a further 3%
Jinchuan Group has cut its benchmark nickel price by a further 4,000 yuan ($585), tracking the LME, after trimming its price by the same amount on Tuesday.
LME ASIAN WRAP: Lead up 5% on China crackdown
LME lead surged 5.2% in early Asian trading on mounting supply concerns as China widens its crackdown on lead smelters for pollution and poisoning.
China's FeMn prices weaken further
China's ferro-manganese prices have weakened further by 100-200 yuan ($15-29) per tonne from two weeks ago as business remained thin.
***METAL-PAGES MINORS CONF: China's antimony price 'will rise' in Q4
China's antimony prices will rise further in the following months despite the completion of Hunan Nonferrous Group's stockpiling, said an official at Hsikwangshan Twinkling Star Co.
(AMM) Quanex returns to black in fiscal 3d qtr. [UPDATE]
Quanex Building Products Corp. reported net income of $8.1 million for its fiscal third quarter ended July 31, down 7.7 percent from $8.8 million in the same period last year.
(AMM) MEC acquires aluminum slug facility in Tenn.
Metal Exchange Corp. (MEC) has acquired the assets of bankrupt aluminum disk manufacturer Element Aluminum LLC, positioning the diversified nonferrous metals company to expand its domestic fabrication capabilities.
Charge chrome consumers reject calls for 30-cent increase in Q4
European stainless steel producers have rejected calls by South African ferro-chrome producers for an increase of 30 cents per lb on the fourth-quarter charge chrome contract price