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The London Metal Exchange three-month nickel price was down by 2.8% to $16,165 per tonne during morning trading on Monday April 12, with the other base metals also starting the week lower after turning to the downside last Friday following comments out of China regarding rising commodity prices.
Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were weaker this morning, Monday April 12, while markets contend with cross winds.
Fears over Brazil’s delayed safrinha corn crop and ongoing domestic demand have driven the May futures contract on the…
Major global steel scrap markets have started to level off in recent days following sharp increases in the preceding few weeks.
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