Metal Bulletin rounds up some of the key news and price moves across the global metal markets in the week from Monday January 22 to Friday January 26.
Base metalsSingaporean trading house Kyen Resources is opening a London office to expand its operations into Europe and will trade base metals, starting with aluminium and concentrates.Freeport-McMoRan reported a strong finish to 2017, with net income dramatically improved year-on-year for both the fourth quarter and the full year, the company announced in an earnings release on January 25.A series of put options bought at bearish strike prices served as an indication of potential copper deliveries onto the London Metal Exchange, market sources said after more than...