April 2018

Vedanta appoint AngloGold chief Venkatakrishnan as new CEO

Vedanta Resources has appointed Srinivasan Venkatakrishnan as its new chief executive officer (CEO), recruiting the executive from rising gold developer AngloGold Ashanti Ltd.

NON-FERROUS WEEK IN BRIEF: Rio Tinto force majeure; manganese ore port stock activity; China minor metals overview; Norilsk Nickel’s Penny interview

Metal Bulletin rounds up some of the key news and price moves across the global metal markets this week.

MB NON-FERROUS PRICE CHANGES 13/04: Noble alloys, bulk alloys & ores

The following Metal Bulletin noble alloys, bulk alloys and ores prices changed on Friday April 13:

Manganese ore price risk boosts China's port activity amid rising consumer costs

The threat of further manganese ore price falls, from recent highs, is boosting activity in Chinese ports because some buyers are avoiding seaborne cargoes amid high costs for payment terms and facilitation, and fears of material devaluing on water, market sources told Metal Bulletin.

GLOBAL MANGANESE WRAP: Low grade prices recover some losses on miners’ offers

Low grade manganese ore prices clawed back some recent losses on Friday April 6, boosted by producer offers at pre-Easter levels.

MB NON-FERROUS PRICE CHANGES 06/04: Noble alloys, bulk alloys & ores

The following Metal Bulletin noble alloys, bulk alloys and ores prices changed on Friday April 6:

US manganese alloy prices dip in quiet market conditions

The US high-carbon ferro-manganese market weakened on Thursday March 29, as latent spot market demand and ample supplies wore on pricing.

NORTH AMERICAN MORNING BRIEF 04/04: China threatens to match new US steel tariffs; Australia’s DBCT force majeure; Shanghai nickel premium at 8-month low

The latest metal markets news and price moves to start the North American day on Wednesday April 4.

Manganese ore prices dip again on lower offers

Manganese ore prices fell on Friday March 30 after a number of market participants in China reported lower offer prices week on week.

Retraction: Global silico-manganese output to rise this year in response to higher demand, IMnI says

Due to reporting errors, a story reported by Metal Bulletin on March 27, titled "Global silico-manganese output to rise this year in response to higher demand – IMnI," misrepresented IMnI’s views on the current markets and has been officially retracted and removed from the Metal Bulletin archive.