hedge
LME to host May meeting in Hong Kong
Annual London Metal Exchange Asia Metals Seminar will be May 21 in Hong Kong.
More in hedge
Copper loses nearly 5 percent of its value in November
LME report shows aluminum and cobalt largely holding their value, while the price of other nonferrous metals slipped.
Steel Dynamics earnings decline from previous quarter
Metals company says its aluminum facility will begin operating in mid-2025 and acknowledges a losing copper position from this summer.
LME sees opportunities in the US
A market development specialist at the exchange says 25 percent of the LME’s business originates in North America and it sees lead and ferrous scrap as offering growth potential.
CMRA ASEAN Conference: Secondary metals power an EV future
Nonferrous metals recycling appears poised to grow whether electric vehicles gain global market share rapidly or slowly.
2024 BIR World Recycling Convention: Making sense of nonsense in nonferrous
Volatility is among many factors challenging the nonferrous sector.
Nickel contract activity has rebounded, LME executive says
Trading activity and liquidity on the London Metal Exchange nickel contract have nearly returned to pre-2022 turmoil levels, a representative from the exchange says.
Copper’s wild ride continues
The COMEX copper futures price dropped by 36 cents per pound on Wednesday, but a forecast from Goldman-Sachs predicts a rebound.
Furthur volatility looms in nonferrous markets
LME receives influx of aluminum, while the copper price surges there and on COMEX.
Copper price continues its climb
Supply and demand issues appear to be only part of the equation in the recent escalation of copper’s price on global exchanges.
LME, Comex ordered to restrict Russian metals trading
The U.S. Treasury Department says the action is intended to “disrupt the revenue that Russia earns from its export of aluminum, copper and nickel.”
