Good morning from Fastmarkets MB’s offices in Asia as we bring you the latest news and pricing stories on Wednesday December 19.

Base metals traded on the Shanghai Futures Exchange were mostly down during Asian morning trading on Wednesday December 19 following Chinese President Xi Jinping’s speech on Tuesday, which lacked concrete steps to improve the economy and diffuse trade tensions with the United States—and more recently, Canada.

The latest news and price moves to start the Asian day on Wednesday December 19.

Glencore’s Katanga Mining Ltd will pay the Ontario Securities Commission (OSC) around $22.5 million as part of a settlement over the copper-cobalt producer’s historical disclosures.

The three-month base metals prices on the London Metal Exchange were for the most part little changed this morning, Tuesday December 18. The exceptions were copper and tin that were both down by 0.4%, with copper at $6,104.50 per tonne.

Good morning from Fastmarkets MB’s offices in Asia as we bring you the latest news and pricing stories on Tuesday December 18.

Base metals prices on the Shanghai Futures Exchange had a mixed start on Tuesday December 18, with market participants remaining cautious ahead of a major speech by Chinese President Xi Jinping.

The latest news and price moves to start the Asian day on Tuesday December 18.

Prices in all producing and buying regions have been falling, following a downtrend in flat steel markets. There is no expectation of upside in the following weeks, according to sources.

Fastmarkets MB organized a North Africa Steel Summit on Thursday December 13 in Dubai, which immediately followed the Middle East Iron and Steel Conference.