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MORNING VIEW: Base metals prices quiet, mixed while they wait for direction
With the exception of tin that was perched just below recent multi-year highs and aluminium that was little changed, base metals prices on the London Metal Exchange were weaker this morning, Tuesday June 8.
June 8, 2021
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By William Adams
Insights
MORNING VIEW: Metals encounter resistance in high ground, in danger of looking top-heavy
Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were generally weaker on Thursday June 3 morning, although nickel bucked the trend on both exchanges.
June 3, 2021
·
By William Adams
Insights
Steel Success Strategies and green steel: the US perspective
Green shoots are forming in the approach to clean steelmaking in the United States, with a new administration putting an increased emphasis on sustainability. The topic will be a key part of Fastmarkets' Steel Success Strategies conference, to be hosted June 21-24 in conjunction with World Steel Dynamics.
June 3, 2021
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Insights
MORNING VIEW: Zinc, tin prices eye the upside; rest lose upward momentum
Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were mixed this morning, Wednesday June 2 - zinc and tin prices were up on both exchanges and were looking robust, while the others have lost recent upward momentum.
June 2, 2021
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By William Adams
Insights
G7 criticizes subsidies driving overcapacity in steel, aluminium
Leaders of the Group of Seven (G7) countries have reaffirmed their commitment to fair trade and criticized the use of subsidies that create excess capacity, including in steel and aluminium.
June 1, 2021
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By Andrea Hotter
Insights
MORNING VIEW: Most LME base metals trying to rebound, but copper struggling
Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were mixed during the morning of Thursday May 27, as were broader markets – are these pauses, or early signs of a stall?
May 27, 2021
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By William Adams
Insights
MORNING VIEW: Base metals’ recent corrections once again run into dip-buying
Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were mainly positive on the morning of Tuesday May 25, with only SHFE lead showing significant weakness.
May 25, 2021
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By William Adams
Insights
MORNING VIEW: Base metals prices find some dip-buying support after Wednesday’s sell-off
Base metals prices on the London Metal Exchange were mainly stronger this morning, Thursday May 20, on dip buying, while those on the Shanghai Futures Exchange were down across the board in reaction to the 3.5% average loss on the LME on Wednesday.
May 20, 2021
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By William Adams
Insights
UK’s SFO to investigate GFG Alliance
The United Kingdom's Serious Fraud Office is investigating the Gupta Family Group Alliance in relation to the organization's financing arrangements, it said on Friday May 14.
May 14, 2021
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Insights
MORNING VIEW: Metals weaker but broader market more upbeat after recent weakness
Base metals prices on both the LME and SHFE were mainly weaker this morning, Friday May 14, and seem to have got some downward momentum, even though broader markets have seen a buy-the-dip mentality emerge.
May 14, 2021
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By William Adams
Insights
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