LME may have a paper-filing problem if UK goes on lockdown Every day, agents print ownership certificates for metal in warehouses as far away as South Korea. Bloomberg News | March 16, 2020 | 9:19 am
Rusal delays launch of Taishet aluminum smelter to 2021 Company previously planned to launch the smelter in late 2020. Reuters | March 13, 2020 | 10:01 am
Trump: No promises regarding steel and aluminum tariffs on Brazil Donald Trump declined to say whether he would impose steel and aluminum tariffs on the South American country. Reuters | March 8, 2020 | 6:30 am
Shanghai copper, zinc inventories near 3-year high as virus hits demand Copper stockpiles rose 4.1% to 310,760 tonnes this week, while zinc inventories were up 11.8%. Reuters | February 28, 2020 | 11:10 am
Worst commodity returns since 1987 spawned by virus sell-off Bloomberg Commodity Index slid for a fifth session Friday, in the worst performance since September 2011. Bloomberg News | February 28, 2020 | 9:51 am
Chinese metals association suggests stockpiling as virus hits demand The start of stockpiling "can effectively alleviate the increase in inventory" at metal producers. Reuters | February 27, 2020 | 9:24 am
Rio Tinto’s best earnings since 2011 clouded by virus risks Company announced ordinary dividend of $6.2 billion in 2019 and total cash returns of $7.2 billion. Reuters | February 26, 2020 | 9:33 am
Coronavirus is double shock for China’s giant aluminium sector The London Metal Exchange aluminium price sank to a three-year low of $1,685 per tonne at the start of February. Reuters | February 24, 2020 | 10:29 am
China’s copper imports and aluminium consumption to drop again in 2020 Chinese smelters, facing high inventories of sulphuric acid and logistical problems with the coronavirus outbreak, have been forced to cut production. Reuters | February 18, 2020 | 9:25 am