The latest news and price moves to start the Asian day on Wednesday August 15.

American Metal Market will not launch a US duty-unpaid aluminium premium (DUP) assessment as proposed, after market feedback suggested the need for a different approach.

Three-month base metals prices on the London Metal Exchange consolidated higher from recent lows on the morning of Tuesday August 14 as relative calmness swept through the market to support a return of risk-on sentiment after the Turkish Lira stabilized at 6.8700 against the dollar earlier today.

Good morning from Metal Bulletin’s offices in Asia as we bring you the latest news and pricing stories on Tuesday August 14.

Base metals prices on the Shanghai Futures Exchange succumbed to pressure from a volatile currency market during morning trading on Tuesday August 14, with the fall of the Turkish lira against the US dollar negatively affecting market sentiment.

Warehouse queues emerged at London Metal Exchange-listed sheds in July after a surge in cancellations last month, especially in the exchange's aluminium inventory, according to LME data.

The Trump administration’s surprise doubling of Section 232 duties on Turkish steel imports has gone into effect and could hammer US ferrous scrap prices as well as the steel trade landscape.

German steelmaker Salzgitter expects that its strip business unit will achieve higher sales in 2018 supported by the European Commission’s safeguard case, the company said on Monday August 13.

Metal Bulletin proposes to launch two low-vol pulverized coal injection (PCI) indices on a cfr China and fob Australia basis.

Good morning from Metal Bulletin’s offices in Asia as we bring you the latest news and pricing stories on Monday August 13.