January 2015

WEEK IN BRIEF: Copper price plunge; TC/RCs; Fanya; LME roadmap

Metal Bulletin deputy editor Fleur Ritzema takes a look back at some of the key stories from the past week.

MANGANESE ORE INDEX: Prices drop as leading miner cuts offers

Manganese ore prices dropped on Friday January 16, after a leading miner cut offer prices.

MB NON-FERROUS PRICE CHANGES

The following MB non-ferrous free market prices changed on Friday January 16:

ASIAN MORNING BRIEF: News and price moves on January 14

Key news and price moves to get you off to a good start during the Asian morning on January 14.

Currency depreciation in India knocks SiMn export prices

Currency depreciation in India has knocked silico-manganese export prices from the country, as producers cut offers to secure business at a time of weak demand from European steel mills.

MILLING ABOUT: UMK appoints Heystek as ceo

United Manganese of Kalahari (UMK) has appointed Johan Heystek as ceo.

MANGANESE ORE INDEX: Low grade rises, high grade edges down

Low grade manganese ore prices edged up on Friday January 9 on lower inventories and cheaper freight rates, as high grade prices dipped on slightly lower producer offers.

Eramet will lose SiMn output at Kvinesdal after furnace shutdown

Eramet will lose some silico-manganese production in the first half of 2015 owing to the shutdown of a 4,000-5,000 tpm furnace at its Kvinesdal plant in Norway, Metal Bulletin understands.

MB NON-FERROUS PRICE CHANGES

The following MB non-ferrous free market prices changed on Friday January 9:

WEEK IN BRIEF: New LME warehouse deal; oil and copper; new silico-manganese prices; minor metals under pressure

Metal Bulletin reviews the biggest news and price moves from the metal market over the past week.