Base metals prices remained on a back footing this morning, Monday July 16, with three-month prices on the London Metal Exchange down by an average of 0.7%. Prices are in low ground with US trade policy and slow/slowing global economic growth weighing on prices.

Good morning from Metal Bulletin’s offices in Asia as we bring you the latest news and pricing stories on Monday July 16.

With the exception of nickel and aluminum, base metals prices on the Shanghai Futures Exchange staged a modest recovery during Asian morning trading on Monday July 16, with the market continuing to adjust to trade tensions between China and the United States.

The downtrend in the global billet market continued in the week ended Friday July 13 amid weakness in finished long steel prices, decreasing import scrap prices in Turkey, and generally unfavorable conditions in the global steel market.

Following consultation with stakeholders, RISI would like to confirm plans to retire the following duplicate price series with effect from Jan. 1, 2019. Mexico Kraftliner from US, 42 lb (Price ID 1148) Bleached Hardwood Kraft, Brazilian Eucalyptus, Europe, CIF (Price ID 1246) Bleached Hardwood Kraft, Brazilian Eucalyptus, China, CIF (Price ID 1247) Bleached Softwood Kraft, […]

The escalating China-US trade tensions and China supply-side reforms were in the spotlight at the Base Metals Forum held by Citic Securities this week in Wuxi, Jiangsu province.

Global scrap prices weakened in most markets except Taiwan during the working week from Monday July 9 to Friday July 13, amid sluggish demand in the major regions.

Base metals markets remain jittery following continued rhetoric from US President Donald Trump over trade. Three-month prices on the London Metal Exchange were down by an average of 0.4% as at 7.32am London time on Friday July 13, with copper prices off by 0.1% at $6,210 per tonne.

Good morning from Metal Bulletin’s office in Asia as we bring you the latest news and pricing stories on Friday July 13.

Base metals prices on the Shanghai Futures Exchange were broadly down during Asian morning trading on Friday July 13, with the market still troubled by the escalating trade war between China and the United States.