July 2016

WEEK IN BRIEF: Nickel prices; Metro fined; Metalprodex platform; copper production; manganese ore prices; antimony outlook

Metal Bulletin rounds up the key news and price moves from the past five days in the world’s metal markets.

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

The following Metal Bulletin noble alloys, bulk alloys and ores prices changed on Friday July 29:

MANGANESE ORE INDEX: Prices up 29% after Chinese SiMn rally

Manganese ore prices soared almost 30% on Friday July 29, following Chinese silico-manganese prices higher and as traders remained reluctant to part with stocks they accumulated at high prices earlier this year.

SiMn in surplus for June; FeMn in deficit – IMnI

The global silico-manganese market recorded a surplus of 61,000 tonnes in June, while the high carbon ferro-manganese market was in deficit by 28,000 tonnes, according to figures from the International Manganese Institute (IMnI).

Manganese ore market in 130kt deficit in June – IMnI

The global manganese ore market was in deficit by 130,000 tonnes in June, as lower production in several major producing-countries continued to offset new capacity in the CIS region.

ASIAN MORNING BRIEF 27/07: Nickel mine profitability; Freeport-McMoRan results; Metalprodex platform

The latest news and price moves from the world’s metal markets to start the Asian morning on Wednesday July 27.

Manganese ore market will be in small deficit in 2016 – Citi

The global manganese ore market will be in a small deficit for 2016 as widespread production curtailments continue to bite, Citi said on Tuesday July 26.

Chinese domestic silico-manganese price up 12.5%

Metal Bulletin’s silico-manganese (min 65% manganese, max 17% silicon) price in warehouse China was 5,400-5,800 yuan ($810-870) per tonne on Friday July 22, up 12.5% from its price two weeks ago, as production centres around the country shut down for environmental inspections, Metal Bulletin has learned.

ASIAN MORNING BRIEF 26/07: Ausmelt furnace outage; alumina price dip; BMC owner merger

The latest metal markets news and prices to start the Asian morning on Tuesday July 26.

Minera Autlán resumes operations at silico-manganese plant in Mexico

Minera Autlán has resumed operations at its silico-manganese Gómez Palacio plant in Mexico, as a result of the imposition of anti-dumping duties on imports of the product from India.