August 2016

ASIAN MORNING BRIEF 31/08: Copper stocks rise; Vedanta ups production forecast; Indian SiMn prices rise

The latest metal markets news and price moves for the start of the day in Asia on Wednesday August 31.

INDIAN SILICO-MANGANESE SNAPSHOT: Prices resist ore rally as producers process cheaper stocks

Key data from the August 30 pricing session in London.

OMH’s H1 profit improves on manganese ore price rally

OM Holdings (OMH) reported an expanded loss during the six-month period ended June 30, due to exchange losses, while its profit performance largely improved in line with a moderate rebound in manganese ore prices.

ASIAN MORNING BRIEF 26/08: South32 downgrade; FeCr smelter margins; antimony prices

The latest metal markets news and price moves to start the Asian morning on Friday August 26.

Citi analysts cut South32 rating to sell

Analysts at Citi have downgraded their rating for diversified miner South32 to sell from neutral, they said in a note following the release of the company’s full-year results for the twelve months ended June 30.

South32 posts full-year loss; keeps manganese output guidance flat

BHP Billiton spin-off South32 posted post-tax losses of $1.6 billion for the 2016 financial year ended in June 2016, following a post-tax profit of $28 million in the previous financial year.

IN FIGURES: China’s ferro-alloys imports in July

Summary of China’s ferro-alloys imports in July.

ASIAN MORNING BRIEF 24/08: Zinc breaks $2,300; LME cuts fees; FeMo prices widen

The latest metal markets news and prices moves to start the Asian morning on Wednesday August 24.

More manganese ore shipment delays as transport problems mount

Transport disruptions affecting South African manganese ore deliveries have escalated in recent days, causing a number of shipping slots to be missed as vessels await the arrival of cargoes.

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

The following Metal Bulletin noble alloys, bulk alloys and ores prices changed on Friday August 19: