Metal Bulletin started a weekly price assessment for stainless steel hot-rolled coil (HRC) on a $ per tonne cif East Asian ports basis on Wednesday July 11, while discontinuing its East Asian price for stainless steel hot-rolled sheet.

An escalation in the United States’ trade war with China, with another $200 billion of Chinese goods now potentially facing tariffs, has rattled base metals prices during early trading on Wednesday July 11.

Good morning from Metal Bulletin’s offices in Asia as we bring you the latest news and pricing stories on Wednesday July 11.

Base metals prices on the Shanghai Futures Exchange fell sharply during Asian morning trading on Wednesday July 11, with China-US trade tensions once again weighing on the market.

The global pig iron market was quiet in June with purchasing activity being low in the United States, where buyers booked large volumes in May.

Base metals prices on the London Metal Exchange were mostly down during morning trading on Tuesday July 10, led by a significant drop in zinc prices, while ongoing uncertainty around Sino-US trade relations hampers the complex.

Good morning from Metal Bulletin’s offices in Asia as we bring you the latest news and pricing stories on Tuesday July 10.

Base metals prices on the Shanghai Futures Exchange were mixed during Asian morning trading on Tuesday July 10 with most of the complex oscillating either side of unchanged, while zinc was the early session’s weakest performer with a drop of 1.7%.

Plate prices in the United States are unchanged despite a steep drop in import supplies.

Metal Bulletin presents a timeline of key dates and events related to the manganese flake rally this year and the reasons behind the moves.