London Metal Exchange

Legal filings seen by Bloomberg News shed new light on the case that shocked the market earlier this year when Trafigura said it expected to lose nearly $600 million in what it called a “systematic fraud” perpetrated by Indian businessman Prateek Gupta.

India considers lithium mining royalty at 3% of LME price: Report

India, which has been exploring ways to secure supplies of lithium - a critical raw material used to make electric vehicle batteries - in February found its first lithium deposits in the federally administered region of Jammu and Kashmir.

Why Nickel isn’t the favored metal?

The metal has continued to be the basic metals sector's worst-performing contract commodity on the LME thus far in 2023, with a decline of more than 20%.

Copper prices near 6-month low as supply tightens, China demand remains uneven

This tightness in supply has been further accentuated by inventories reaching below 60,000 tonnes on the London Metal Exchange (LME), the lowest level seen since 2005.

Ban on Russian mining giants may send shockwaves to global metals trade

A ban would simply mean that metal from Russia — which accounts for about 9 percent of global nickel production, 5 percent of aluminum and 4 percent of copper — could no longer be delivered into any warehouses around the world in the LME network

London Metal Exchange plans to resume nickel trading from March 16

This comes after China's Tsingshan Holding Group, one of the world's largest nickel and stainless steel producers, announced on March 14 it had entered into an arrangement with lenders under which they will not issue margin calls on or close out the producer's nickel positions on the LME.

Nickel prices soar over supply shortage on Ukraine; EV battery output under threat

Exponential rise in nickel prices led London Metal Exchange (LME) to suspend trading in the metal.

London Metal Exchange's iconic 'Ring' may shut permanently soon

One of the last of its kind, the trading floor was iconically called 'the Ring', as traders would scream through the chaos and finalize deals using arcane hand gestures.

Aluminium prices drop nearly 30% amid trade war woes; will they recover?

China will remain the driving force of global aluminium prices. If the trade tensions and global microeconomic headwinds continue, prices would remain under pressure

China's Tsingshan roils nickel market with buying spree

Nickel prices slid to their lowest for the year in the second quarter as investment funds sold on the expectation of slowing demand from Chinese stainless steel mills as economic activity came under pressure from the US-China trade war.

London Metal Exchange to ban brands not responsibly sourced by 2022

The proposal is the largest step yet by the LME, the world's biggest market for industrial metals, to clean up the global supply chain of all its commodities.

BSE signs agreement with London Metal Exchange

The LME is the world centre for the trading of industrial metals – the majority of all non-ferrous metal futures business is transacted on LME platforms.

Govt considering MIP on some aluminium products: Piyush Goyal

The government is considering all options, including imposition of minimum import price on certain categories of aluminium products, to protect the domestic industry, a union minister said today.

After steel, minimum import price for aluminum on cards?

The mines ministry may favour an MIP to protect local industry from a flurry of cheap imports. State-owned consulting firm Mecon to submit revised report shortly.

Aluminium, copper prices to remain flat in near term: ICRA

Post witnessing record low levels in the second half of fiscal 2016 (H2 2015-16), international prices of aluminium, copper and zinc have strengthened in the current fiscal, it added.

Next 12 months good for equities; avoid pharma, PSU banks: Ambit

Saurabh Mukherjea, CEO-institutional equities of Ambit Capital, maintains his Sensex year-end target at 29,500.

Hindustan Copper inaugurates new plant at Ghatsila

Hindustan Copper said in a statement that the Singhbhum copper belt has unique ore characteristics which contained appreciable quantity of nickel. The plant was inaugurated by Balvinder Kumar, secretary with the mines ministry, The company has installed and commissioned the technology to recover nickel.

Here are Mayuresh Joshi's views on stocks and sectors

In an interview to CNBC-TV18, Mayuresh Joshi of Angel Broking, spoke about his reading of the market and his outlook on various stocks and sectors.

See aluminium prices to be around USD 1,550-1650 a tonne: Nalco

TK Chand of Nalco said that company has taken cost-cutting measures and is focussing on higher production levels.

NMDC raises iron ore lump prices; first hike since June 2014

The state-run firm also raised prices for iron ore fines by 10 percent to Rs 1,710 per tonne for this month. Last time, NMDC had raised the prices of fines in November 2015.

NALCO bags EEPC Star Performer Award

The Navratna PSU, a leading manufacturer and exporter of alumina and aluminium, was honoured for its achievement at EEPC Regional Award Ceremony at Kolkata recently, a company release said.

Rocktober? Risk appetite is fighting back

After suffering their worst quarter in four years amid fears about a China slowdown, US rate uncertainty and emerging market risks, equities have crept up at the start of the fourth quarter.

LME to launch gold and silver trading contract next year

The exchange will be launching new aluminium contract and new ferrous suite contract on November 23. The new scrap and rebar futures will complete the value chain for long steel products.

Treat aluminium as core metal; increase import duty:Vedanta

Abhijit Pati, CEO-Aluminum, Vedanta says aluminium‘s London Metal Exchange (LME) price has slid down to sub1600 level, one of the lowest level of 6 yrs.

Aluminium sector too needs 5-10% import duty hike: Hindalco

Satish Pai, Deputy Managing Director (MD) of Hindalco told CNBC-TV18 that the aluminum industry would like a 5-10 percent hike in the import duty to ensure minimum damages to domestic manufacturers.