Base metals prices on the Shanghai Futures Exchange were broadly lower during morning trading on Friday August 10 amid a stronger dollar and ongoing trade tensions between China and the United States.

The electrification of vehicles and the need to store electricity generated by renewable energy sources - mainly solar and wind - point to huge demand for lithium-ion batteries.

Surging investment across the battery raw materials supply chain, stemming from growing demand for electric vehicles, has fueled an increasing appetite for transparent market intelligence.

Three-month base metals prices on the London Metal Exchange were positively higher in the morning of Thursday August 9, with the complex up an average of 0.4%.

Good morning from Metal Bulletin’s offices in Asia as we bring you the latest news and pricing stories on Thursday August 9.

Base metals prices on the Shanghai Futures Exchange were broadly lower during morning trading on Thursday August 9, although aluminum bucked the trend with a 2.35% gain.

On Tuesday August 7, the government of the United States reimposed its economic sanctions against Iran, with the steel trade being one of the industry sectors to be directly affected.

Good morning from Metal Bulletin’s offices in Asia as we bring you the latest news and pricing stories on Wednesday August 8.

Base metals prices on the Shanghai Futures Exchange were broadly up during morning trading on Wednesday August 8, with nickel leading the complex higher for the third consecutive trading day.

Stricter winter production cuts in China from October are expected to have a significant influence on the entire domestic steel market in comparison with the last heating season, industry sources told Metal Bulletin this week.