October 2015

WEEK IN BRIEF: LME copper withdrawal; Codelco capex cuts; aluminium premiums rise; nickel blending; manganese ore price falls; Noble-IFM court action

Charlotte Radford takes a look back at some of the key news and price moves from the past five days in the metals markets.

MB NON-FERROUS PRICE CHANGES

The following MB non-ferrous free market prices changed on Friday October 30:

Mexico's Minera Autlán sees Q3 earnings fall 26% on lower manganese, ferro-alloys prices

Mexican manganese and ferro-alloys producer Minera Autlán reported a 25.8% year-on-year fall in its core earnings in the third quarter of 2015, affected by lower prices.

ASIAN MORNING BRIEF: Latest metals market news on October 30

A round-up of the latest news and price moves in the metal markets to start the Asian morning on Friday October 30.

Manganese ore price falls trigger renegotiation attempts

Sharp drops in manganese ore prices have led to buyers walking away from verbal agreements and trying to renegotiate prices over the past month, market participants told Metal Bulletin.

MONDAY BRIEF: Infographic for October 26

The infographic for Monday October 26.

WEEK IN BRIEF: copper cathode benchmarks; aluminium price weakness; Q3 results; cobalt traders; the Belt and Road; China internationalisation

Here’s a round-up of all the news from a busy week in the metals markets, as covered by Metal Bulletin reporters.

MB NON-FERROUS PRICE CHANGES

The following MB non-ferrous free market prices changed on Friday October 23:

PRICING NOTICE: Correction to 37% manganese ore index

Metal Bulletin has corrected its 37% manganese ore index price, fob Port Elizabeth to $1.79 per dmtu.

MANGANESE ORE INDEX: Prices drop by up to 13.5% as miners slash offers

Manganese ore prices lost up to 13.5% on Friday October 23, as high-grade manganese ore prices crashed below $2.00 fob amid aggressive offering by miners.