Copper 6980 (-50)

Lead 1915 (-15)

Zinc 1920 (-25)

Nickel 20100 (0)

Aluminum 2057(0)

Copper -1975MT

Lead -1150MT

Zinc -50MT

Nickel -444MT

Aluminum +2925MT

Tin -145MT.

Copper -3250MT

Lead -1000MT

Zinc +1425MT

Nickel 0MT

Aluminum +48275MT

Tin -245MT.

Copper -3575MT

Lead -200MT

Zinc -225MT

Nickel -534MT

Aluminum -6325MT

Tin +40MT.

Copper -775MT

Lead -450MT

Zinc +900MT

Nickel -234MT

Aluminum +5825MT

Tin -10MT.

Copper -1650MT

Lead +50MT

Zinc -225MT

Nickel -420MT

Aluminum -8075MT

Tin -125MT.

Copper -2100MT

Lead -325MT

Zinc -300MT

Nickel -666MT

Aluminum -5875MT

Tin -130MT.

Copper -2350MT

Lead +500MT

Zinc -25MT

Nickel -456MT

Aluminum +4700MT

Tin +55MT.

Copper -2800MT

Lead -275MT

Zinc +0MT

Nickel -342MT

Aluminum -5925MT

Tin -270MT.

Copper 6495 (+20)

Lead 1770 (+10)

Zinc 1830 (+30)

Nickel 18745 (+45)

Aluminum 1935(+0)

Copper-2800 MT

Lead-75 MT

Zinc-225 MT

Nickel-906 MT

Aluminum -6100MT

Tin -195MT.

Copper -2125MT

Lead -775MT

Zinc -75MT

Nickel -348MT

Aluminum -5150MT

Tin -205MT.

Copper -1675MT

Lead +525MT

Zinc -150MT

Nickel -258MT

Aluminum -6050MT

Tin -970MT.

Copper 6521(+41)

Lead 1729 (+19)

Zinc 1775 (+15)

Nickel 19255 (+95)

Aluminum 1943(-7)

Copper -850MT

Lead +400MT

Zinc +1400MT

Nickel -336MT

Aluminum -5475MT

Tin -195MT.

Copper 6637(-33)

Lead 1786 (-14)

Zinc 1799 (-8)

Nickel 19920 (-5)

Aluminum 1981(-10)

Copper -1225MT,

Lead +125MT,

Zinc -200MT,

Nickel -1146MT,

Aluminum -7075MT,

Tin -15MT.

Copper -1075MT,

Aluminum -5775MT,

Nickel -804MT,

Zinc -700MT,

Lead +625MT,

Tin -110MT.

Copper -1725MT

Lead +425MT

Zinc -900MT

Nickel -804MT

Aluminum -10300MT

Tin -35MT.

Copper -425MT

Lead -100MT

Zinc -50MT

Nickel -756MT

Aluminum +6325MT

Tin -580MT.

Copper -100MT

Lead -525MT

Zinc -25MT

Nickel -606MT

Aluminum -10000MT

Tin -205MT.

Copper 6560 (-9)

Lead 1802 (-13)

Zinc  1775 (-5)

Nickel 19325 (-50)

Aluminum 1938 (-7)

Copper 6580 (-110)

Lead 1810 (+15)

Zinc  1790 (-15)

Nickel 19800 (-360)

Aluminum 1982 (-28)

Copper -475MT

Lead -375MT

Zinc -100MT

Nickel -1014MT

Aluminum -6825MT

Tin -305MT.

Copper -3388MT,

Aluminum -60MT,

Zinc -23186MT.

Copper -2750MT,

Aluminum -7025MT,

Nickel -1254MT,

Zinc +850MT,

Lead -1050MT,

Tin -35MT.

Copper 6481 (-16)

Lead 1719 (+7)

Zinc 1755 (+1)

Nickel 19470 (+120)

Aluminum 1962 (0)

Copper +1025MT

Lead -850MT

Zinc -225MT

Nickel -660MT

Aluminum -6725MT

Tin -90MT.

Copper -1650MT,

Aluminum +9550MT,

Nickel -1158MT,

Zinc -575MT,

Lead -400MT,

Tin -280MT.

Copper -1825MT

Lead +175MT

Zinc +225MT

Nickel -474MT

Aluminum -10500MT

Tin -185MT.

CMP Copper 6900 (+75)

Lead 1695 (+35)

Zinc 1730 (+8)

Nickel 18850 (-355)

Aluminum 1959 (+39)

Copper -1775 MT

Lead -575MT

Zinc +1100MT

Nickel -522MT

Aluminum -7575MT

Tin -70MT.

Copper 6300 (+65)

Lead 1650 (+20)

Zinc 1730 (+2)

Nickel 19025 (+405)

Aluminum 1915 (-20)

Copper -1675MT

Lead +725MT

Zinc +225MT

Nickel -318MT

Aluminum -6325MT

Tin +10MT.

Copper -900MT

Lead -425MT

Zinc -500MT

Nickel +84MT

Aluminum -7875MT

Tin -25MT.

Copper -2250MT

Lead +725MT

Zinc -750MT

Nickel -540MT

Aluminum -6975MT

Tin -350MT.

Copper -925MT

Lead -25MT

Zinc -875MT

Nickel -588MT

Aluminum -7300MT

Copper -350MT

Lead -450MT

Zinc -1375MT

Nickel -960MT

Aluminum -7725MT

Tin -395MT.

Copper -1150MT

Lead +2075MT

Zinc 1200MT

Nickel -108MT

Aluminum -5225MT

Tin +290MT.

Copper -10091,

Aluminum +3999,

Zinc +3999.

Copper -1050MT,

Aluminum -5225MT,

Nickel -282MT,

Zinc -750MT,

Lead +200MT,

Tin -130MT.

Copper -275MT

Lead -300MT

Zinc +3150MT

Nickel +204MT

Aluminum -3600MT

Tin -80MT.

Copper 6768 +0.37%

Lead 1771 +0.06%

Zinc 1880 -0.27%

Nickel 21375 -0.35%

Aluminum 2025 Direction for the Session Mixed.

Awaiting Key US Data S&P/CS Composite-20 HPI y/y & CB Consumer Confidence.

Copper -250MT,

Aluminum -4975MT,

Nickel -132MT,

Zinc +50300MT,

Lead +3325MT,

Tin -70MT.

VHeadline News Editor Patrick J. O’Donoghue reports:

Sayago is the newly appointed president of the Alcasa aluminum state company. During his address, he insisted on highlighting the importance of corresponsibility between workers and directors to end old structures.

According to a report in the opposition Correo del Caroni, the workers have mostly accepted Sayago’s appointment but wanted to hear what he

had to say on passive liabilities, benefits and the food tokens.

Sayago promised more worker participation and power in the heavy industry but did not enter into the matter of liabilities and benefits.

Those interviewed by El Correo afterwards criticized Sayago’s discourse, saying he did not say anything about how the company will get back on its feet again.

Union mafias are putting their bets on government inability or unwillingness to pay huge liabilities and benefits and they remain engaged in sabotaging any attempt to set up worker committees and worker control. They have the full support of the local oligarchy and their media.

When Carlos Lanz Rodriguez was president two years ago, he organized a successful worker control initiative that was torpedoed by the union mafia who practically ran Lanz Rodriguez out of town.

Copper -1475MT

Lead -50MT

Zinc +2150MT

Nickel +630MT

Aluminum -4725MT

Tin +165MT

Copper -300,

Aluminum -7025,

Nickel -276,

Zinc Unchanged,

Lead Unchanged,

Tin -260.

Copper +13092 ,

Aluminum +21375,

Zinc 0.

Copper -2375 ,

Aluminum -3125,

Nickel -42,

Zinc +1875,

Lead +225,

Tin -360.

The companies made the announcement Tuesday.

The London-based mining giant announced in December it would accept Amcor’s offer to buy Alcan Packaging’s global pharmaceuticals, global tobacco and food divisions in Europe and Asia as part of plans to reduce debt by selling off assets that are not at the core of its business.

Rio Tinto has sold some $10.3 billion in assets since February 2008 to help pay off debts due mostly to its acquisition of Canadian aluminum giant Alcan for $38 billion in 2007.
Copyright 2010 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

“The best course, and the one that provides the best opportunity for the future operation of these smelters is, …an orderly curtailment, which we plan to achieve by February 6,” Alcoa said in a statement.

But the company committed earlier this week to restarting one of the plants after an orderly shutdown if it can secure cheap power and business conditions are conducive.

Later, Alcoa spokesman Kevin Lowery told Reuters that the Italian government had presented the aluminum giant with an offer that would not necessarily forestall a smelter shutdown, but could lead to further discussions and a possible restart.

“We got an offer from the (Italian) government. It is definitely a very positive step, but it doesn’t necessarily get us all the way there,” said Lowery.

He added that Alcoa will proceed with its curtailment plans, but had asked for continued discussions with the Italian government.

“We told them that while we continue to talk, we are going to continue the curtailment. But let’s keep talking, because if we have the opportunity to restart these smelters, we will restart them,” said Lowery.

In November, Alcoa said it would temporarily idle operations at the smelters with a total capacity of 194,000 tonnes a year after the European Commission ordered it to pay back most of the state aid it had received in Italy since 2006.

As a result Alcoa anticipates a cash payment of $300-400 million and said it could not assume further financial risk.

In the statement, the producer expressed appreciation for efforts by the Ministry of Industry and the Italian government to try and secure energy at a competitive price for the Fusina and Portovesme plants.

“The issue right now is that the EU has to say their (Italy’s) proposal is okay. Otherwise, we are right back at the same spot where we were at the get-go,” Lower said.

But the statement said action to date was not enough to avoid curtailment until an EU-approved solution was in place.

“…The price of energy available today through the use of the tools provided by the government is not at a level that allows us to operate our two smelters profitably or invest in our facilities to improve their competitiveness,” it said.

The European Aluminium Association expressed concern at the news and also at the European Commission’s announcement on Wednesday that it is investigating whether Greece’s state-owned power utility illegally subsidised smelter Aluminium of Greece by selling it electricity below market prices. [ID:nLDE60Q1DK]

“At a time when EU authorities claim they are doing their best to boost growth and jobs, and praise themselves for their crisis response, how can they at the same time find Europe’s industries guilty of trying to survive?” asked Patrick de Schrynmakers, the EAA’s secretary-general, in a statement.

“This has to stop, or two-thirds of Europe’s aluminium smelters will close before 2013,” he added. (Reporting by Karen Norton; Additional reporting by Carole Vaporean; Editing by Amanda Cooper/Marguerita Choy)

Copper +3902 ,

Aluminum +5481,

Zinc -240.

Copper +3300,

Aluminum +43875,

Nickel -42 ,

Zinc -350,

Lead +75,

Tin +40

Copper – 2025

Aluminum -5650

Nickle -330

Zinc -25

Lead +600

Tin +100.

Copper up 1500mt,

Lead up 450,

Nickle up 444mt,

Zinc down 25mt

Aluminum down 8450

Tin up 195mt.

Shanghai Weekly Inventory:

Copper +1774,

Aluminum +3085,

Zinc +3085.

Copper +2200,

Aluminum -5575,

Nickel+1902 ,

Zinc -1050,

Lead +150,

Tin +140.

During the one-day stay in Bandar Abbas, senior Advisor to Ahmadinejad Mojtaba Samareh Hashemi and Minister of Industries and Mines Ali-Akbar Mehrabian are accompanying the president.

The Hormuz-Al aluminum factory plan cost 400 million euros of foreign investment as well as 2,000 billion rials of domestic one.

The production capacity of the factory is 147,000 tons.

The country’s major aluminum project would provide direct employment of 700 people and indirect one of 7,000.

Copper +2050,

Aluminum -4275,

Nickel -36,

Zinc +500,

Lead +675,

Tin – Unchanged

Copper +2950,

Aluminum -300,

Nickel – Unchanged,

Zinc -25,

Lead +400,

Tin – Unchanged

Copper +2025,

 Aluminum +1700,

Nickel +1836,

Zinc +1650,

Lead +100,

Tin +80.

Copper +1875,

 Aluminum -1050,

Nickel -48,

Zinc +2800,

Lead +1000,

Tin +40 .

ALUMINUM -3525

NICKEL +114

ZINC +5800

LEAD +200

TIN – NIL

Copper   +2475

Aluminum  +19775

Nickel   +930

Lead   +650

Zinc   -250

Copper +1300,

Aluminum +12100,

Nickel +834,

Zinc -350,

Lead +350,

Tin +180

Copper +2475,

Aluminum +19775,
Nickel +930,
Zinc -250,
Lead +650,
Tin -10.

Aluminum -3875,

Nickel +1080,

Zinc -225,

Lead +225,

Tin -10