Good morning from Metal Bulletin’s offices in Asia as we bring you the latest news and pricing stories on Friday August 3.

Base metals prices on the Shanghai Futures Exchange were mostly drifting lower during morning trading on Friday August 3, with the complex coming under pressure from a combination of US-China trade tensions and a firmer dollar.

China’s domestic spot battery-grade lithium carbonate prices continued dropping this week with most producers offering lower prices to boost sales, while battery-grade lithium hydroxide prices were static despite pressure for lower prices.

PPI Europe has corrected the Italian price for MWC Rotogravure reels, 80-g in the July 26 Price Watch. The price originally published was incorrect due to a production error. We apologize for the inconvenience. A revised version of the July 26 issue with the correct prices is now available online. For any questions, please contact […]

Mergers and acquisitions in the metals and mining sector may have slowed overall but battery metals deal activity has begun to accelerate, according to a report by consultancy EY.

Demand for flat steel in Turkey will remain moderate throughout August, but prices are not expected to fall because there is strong export demand, market participants told Metal Bulletin on Thursday August 2.

With available stocks at record lows, aluminium spreads on the London Metal Exchange are increasingly volatile.

Leading lumber and wood products price reporting agency (PRA) Random Lengths will become part of Euromoney’s commodity price reporting division, which includes the Metal Bulletin operations. Euromoney Institutional Investor plc agreed to buy the US-based company on Wednesday August 1.

Three-month base metals prices on the London Metal Exchange were up across the board by an average of 0.7% on the morning of Thursday August 2.

Metal Bulletin has today discontinued its weekly assessment for 2mm grade 304 cold-rolled stainless sheet export fob Northern European ports.