Base metals prices on the Shanghai Futures Exchange, apart from those for lead, were up during morning trading on Tuesday July 6. Those on the London Metal Exchange were mixed, but that was after a generally positive day on Monday.

Domestic prices for hot-rolled coil in Northern Europe and Italy declined in the week to Friday July 2, with buyers reluctant to continue paying high prices.

Turkish deep-sea scrap import markets were quiet on Monday July 5 with mills reluctant to buy scrap amid limited finished steel demand, while suppliers kept offers firm, market sources told Fastmarkets.

China bucked the trend among major iron ore importers by continuing to increase its purchases of the steelmaking raw material from abroad in 2020.

Base metals, iron ore, rebar and precious metal prices on the Shanghai Futures Exchange were up across the board this morning, Monday July 5, with all the base metals, apart from lead, also higher on the London Metal Exchange.

The decision by the Argentine government to award the concession of the key Parana-Paraguay waterway to the...

The recent start of electricity rationing in Taiwan capped any major price climbs in its containerized ferrous scrap import market during the week to Friday July 2, sources told Fastmarkets.

Seaborne coking coal prices inched higher in both the fob market on Friday July 2 on bullish sentiment in the fob market, while prices in the cfr market fluctuated slightly.

Demand for both domestic and imported scrap continued to be low in the China market on Friday July 2, market sources told Fastmarkets.

Base metals prices on both the London Metal Exchange and the Shanghai Futures Exchange were mixed this morning, Friday July 2, and were looking quite divergent.