Latest Update in the SMM Antimony Market

HRC production at 41 steel mills surveyed by SMM reached 3.4447 million mt in the week ending Apr 25, down 24,100 mt.

Nigeria's aspiration for a domestically-produced aluminium industry seems increasingly distant as the $3.2 billion Aluminium Smelter Company of Nigeria (ALSCON) in Ikot Abasi, Akwa Ibom State, once again fails to meet its long-awaited revival deadline.

Aluminium Bahrain B.S.C. (Alba), a prominent player in the global aluminium smelting industry, reached a significant milestone in its Power Station 5 (PS 5) Block 4 Project with the First Fire of the Mitsubishi Power M701JAC Gas Turbine (GT) on April 23, 2024.

South32, the diversified mining company, has released its operational results for the first quarter of the 2024 financial year, showcasing notable advancements across various sectors.

LME copper prices opened at $9794.5/mt and closed 0.64% higher at $9790/mt overnight, with the low-end of $9758.5/mt and the high-end of $9843/mt.

Overnight, LME zinc opened at $2795/mt, hitting a low and high of $2783/mt and $2838/mt respectively, and closed higher at $2794.5/mt.

Last evening, LME lead price opened at US$2182.5/ton and hit a high of US$2209/ton, and finally closed at US$2202.5/ton, an increase of 0.85%.

LME copper prices opened at $9794.5/mt and closed 0.64% higher at $9790/mt overnight, with the low-end of $9758.5/mt and the high-end of $9843/mt.