Edition:
United States

Tom Daly

China's Qianhai Mercantile Exchange launches copper rod trading

7:18am EDT

BEIJING The Qianhai Mercantile Exchange (QME), a mainland China spot commodities platform owned by Hong Kong Exchanges and Clearing Ltd, said it started trading in copper rods on Friday, adding to existing trade of alumina and aluminum products.

Glencore, Trafigura buy metal in Qingdao court auctions

5:34am EDT

BEIJING Commodity traders Glencore PLC and Trafigura [TRAFGF.UL] have picked up a combined 70,479 tonnes of aluminum over the past week by winning online auctions of metal inventory dating back to China's 2014 Qingdao warehousing scandal, according to the e-commerce platform that hosted the sales.

China court puts Fanya exchange's rare earth stock up for auction

Aug 16 2019

* Auctions held in tandem with sale of entire Fanya antimony stock

METALS-Copper hovers near 2-yr low amid recession fears

Aug 15 2019

BEIJING/SINGAPORE, Aug 15 Shanghai copper fell on Thursday, while London copper edged up but struggled to break away from its two-year lows, weighed down by growing fears of a global recession and weak industrial output growth in China.

China court to auction defunct metal exchange's entire antimony stock

Aug 15 2019

BEIJING A court in Southwest China is putting up for sale the entire inventory of the minor metal antimony that was held by the now-defunct Fanya Metal Exchange, as it tries to raise funds to pay back the bourse's creditors.

UPDATE 1-China daily aluminium output slips in July as smelter closure offsets ramp-ups

Aug 13 2019

* July aluminium output -2% on-yr at 2.98 mln T -stats bureau

China Hongqiao says aluminum plants not damaged by floods, production normal

Aug 13 2019

BEIJING China Hongqiao Group, the world's top aluminum producer, said on Tuesday it was operating as normal after Typhon Lekima lashed its home province of Shandong at the weekend and cause severe flooding.

UPDATE 2-China copper imports rebound, concentrate shipments hit record

Aug 08 2019

* July unwrought copper imports at 420,000 T, highest since Jan

RPT-China rare earths group supports counter-measures against U.S. 'bullying'

Aug 07 2019

BEIJING, Aug 7 China's rare earths association said it would support Chinese counter-measures in the escalating trade row with the United States, which it accused on Wednesday of "bullying".

China rare earths group supports counter-measures against U.S. 'bullying'

Aug 07 2019

BEIJING China's rare earths association said it would support Chinese counter-measures in the escalating trade row with the United States, which it accused on Wednesday of "bullying".

World News