On Friday July 20 and Monday July 23, Metal Bulletin published an incorrect figure for the Shanghai-London physical arbitrage calculation for nickel.

The preliminary measures taken by the European Commission (EC) with regard to steel imports will result in higher prices for steel coil, market sources told Metal Bulletin.

A battle over market share in China has triggered a price war, pushing domestic spot battery-grade lithium carbonate prices further down on Thursday July 19, while battery-grade lithium hydroxide prices also drifted with other global markets fairly stable.

Metal Bulletin is proposing to discontinue its weekly price assessment for Turkish merchant bar exports.

Metal Bulletin is proposing to change its weekly price assessment for Rotterdam export HMS 1&2 (70:30 mix) to Rotterdam export HMS 1&2 (75:25 mix).

Metal Bulletin is proposing to change the specifications of its weekly price assessments for Turkish domestic rebar and wire rod from $ per tonne to Turkish lira per tonne.

Three-month base metals prices on the London Metal Exchange were up across the board by an average of 0.5% on the morning of Friday July 20. Gains were ranged between 0.2% for aluminium and lead and 1.1% for nickel, with copper up by 0.8% at $6,104 per tonne.

Good morning from Metal Bulletin’s offices in Asia as we bring you the latest news and pricing stories on Friday July 20.

Base metals prices on the Shanghai Futures Exchange were under pressure during Asian morning trading on Friday July 20, with the majority of the complex little changed to weaker. Tin was the exception, however, with a modest gain of 0.4%.

The latest news and price moves to start the Asian day on Friday July 20.