August 2015

EUROPEAN MORNING BRIEF: Key stories on August 10

Good morning from Metal Bulletin’s offices in Asia, bringing the key news and market stories on Monday August 10.

Brazil's manganese ore exports volumes drop 15% in July

Brazil’s manganese ore export volumes fell 14.8% in July on an annual basis, as increased volumes sent to China and Norway were not enough to offset decreases in shipments to France and Venezuela.

MB NON-FERROUS PRICE CHANGES

The following MB non-ferrous free market prices changed on Friday August 7:

MANGANESE ORE INDEX: Prices stable as producers seek rollovers

Manganese ore prices were mainly stable in China and South Africa on Friday August 7 as miners targeted rollovers.

ASIAN MORNING BRIEF: Key metal market news on August 7

The latest metal market news and price moves to start the day in Asia on Friday August 7.

NORTH AMERICAN MORNING BRIEF: Key news and updates so far on August 6

The latest metal market news and price moves to start the day in North America on August 6.

Hebei Iron & Steel cuts August silico-manganese bid price

Hebei Iron & Steel (HBIS) set its August silico-manganese bid price at 5,250 yuan ($845) per tonne on Thursday August 6, down 200 yuan per tonne from July.

MILLING ABOUT: ICBC Standard Bank hires Tom Kendall, John Xu

ICBC Standard Bank has appointed Tom Kendall as head of precious metals strategy, and John Xu as head of bulk commodities and energy.

Manganese ore oversupply grew in April – IMnI

The global manganese ore market surplus grew to almost 597,000 tonnes in April as supply accumulated, undeterred by low prices and falling demand.

Manganese alloy markets returned to surplus in April – IMnI

Manganese alloys markets were back in global surplus in April, after recording modest deficits for March, the latest data from the International Manganese Institute (IMnI) shows.