Metal Bulletin has today launched a weekly assessment price for EU domestic grade 304 stainless steel cold rolled sheet (2mm) transaction € per tonne delivered North Europe.

Good morning from Metal Bulletin’s offices in Asia as we bring you the latest news and pricing stories on Thursday August 2.

Base metals prices on the Shanghai Futures Exchange were under pressure during morning trading on Thursday August 2, following a ratcheting up of trade tensions between the United States and China on Wednesday.

Due to an input error, Metal Bulletin’s Shanghai aluminium bonded stocks assessment was published incorrectly on Monday July 2.

The latest news and price moves to start the Asian day on Thursday August 2.

AK Steel wants US President Donald Trump's administration to implement Section 232 protections on downstream products such as transformers that use electrical steels, company executives said.

As a result of a technical error, Metal Bulletin’s low-grade cobalt price assessment for August 1 was published on the Metal Bulletin price book later than scheduled.

Metal Bulletin today amended the frequency of its Southeast Asia steel billet import price assessment from weekly to launch a daily price starting on Wednesday August 1, published on a $ per tonne cfr Philippines basis.

As competition in the global steel markets remains fierce, Metal Bulletin provides an update on the new, progressing and closed trade cases from around the world in July 2018.

Three-month base metals prices on the London Metal Exchange were down across the board by an average of 1% on the morning of Wednesday August 1. Zinc led the decline with a 1.7% drop to $2,590 per tonne, while copper was down by 1.2% at $6,244 per tonne.