Fastmarkets rounds up some of the key news and price moves across the global metals markets this week.
Base metalsA massive backwardation on copper forward price spreads on the London Metal Exchange has collapsed after market tightness eased thanks to delivery of 44,950 tonnes of metal into exchange-listed warehouses.Brazilian multi-metals producer Nexa Resources has maintained its production and sales estimates for full-year 2018, although metal prices are down, chief executive officer Tito Martins saidZinc stocks on the London Metal Exchange were at a 10-year low on Thursday November 1, prompting one of the metal's widest cash/three-month...