Metal Bulletin rounds up some of the key news and price moves across the global metal markets this week.
Base metals Two trading companies have accepted Nornickel's $300 per tonne nickel premium for 2018, while the majority of Nornickel's long-term contract premium negotiations cif China are still in the air. Striking workers at Empresa Nacional de Mineria's (Enami's) copper smelter in Chile are expected to vote on a new contract offer from the company this week, Metal Bulletin understands. Copper could soar higher on strike action in 2018, but Alice Mason looks at whether this year lead will finally outshine zinc. Also in copper news, copper bulls may have set the metal's prices up for a fall in 2018 after a staggering December rally saw prices reach four-year highs, market analyst told Metal Bulletin. And Indonesia's government has extended...