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HIGHLIGHTS: Iron ore glut, ArcelorMittal gain and pain, Iran OCTG prospects…
Editor Vera Blei looks at the main news covered by Steel First over the past week.
May 9, 2015
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By Generic people page
Insights
METALS MORNING VIEW 03/08: Metals run into overhead resistance
Base metals prices on the London Metal Exchange are on divergent paths this morning, Thursday August 3, with zinc prices up 0.6%, lead prices up 0.3%, aluminium is unchanged, while nickel leads on the downside with a 0.3% fall, tin prices are off 0.2% and copper prices are down 0.1% at $6,345 per tonne. Volume has been high with 9,666 lots traded as of 07:09 BST.
August 3, 2017
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By Generic people page
Insights
METALS MORNING VIEW 19/07: ‘Dead cat bounce’ after Wednesday’s rebound in metals prices stalls
Three-month base metals prices on the London Metal Exchange were down across the board by an average of 1% on the morning of Thursday July 19. Losses were ranged between a 0.1% drop for aluminium and a 2% fall for zinc. The three-month copper price was down by 0.8% at $6,129 per tonne.
July 19, 2018
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By Generic people page
Insights
METALS MORNING VIEW 24/07: Metals mixed but China’s intervention may provide support
Three-month base metals prices on the London Metal Exchange were mixed on the morning of Tuesday July 24; while copper prices were up by 0.4% at $6,154 per tonne, aluminium and tin prices were down by 0.4% and the rest were little changed.
July 24, 2018
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By Generic people page
Insights
METALS MORNING VIEW 30/07: Copper prices fail to rise on Escondida labor development
Three-month base metals prices on the London Metal Exchange were broadly weaker on the morning of Monday July 30, with zinc (-0.9%), copper (-0.7%), lead (-0.2%) and nickel (-0.1%) all down, while aluminium and tin prices were up by 0.4% and 0.3% respectively.
July 30, 2018
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By Generic people page
Insights
METALS MORNING VIEW 22/08: Stronger tone in metals prevails
Base metals traded on the London Metal Exchange are for the most part consolidating this morning, Tuesday August 22, after a generally strong performance on Monday when the complex closed up by an average of 1%.
August 22, 2017
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By Generic people page
Insights
METALS MORNING VIEW 16/03: Metals prices firmer, but still consolidating overall
Base metals prices on the London Metal Exchange are for the most part stronger this morning, Friday March 16, with all of the metals, except tin, showing average gains of 0.4%. Copper is up by 0.5% at $6,956 per tonne, while tin is off by 0.1% at $20,970 per tonne.
March 16, 2018
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By Generic people page
Insights
METALS MORNING VIEW 13/03: Metals prices remain on a back footing
Base metals prices on the London Metal Exchange are for the most part little changed this morning, Tuesday March 13. The exceptions are copper, where the three-month price is down by 0.4% at $6,888 per tonne, and zinc which is up by 0.6% at $3,262 per tonne.
March 13, 2018
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By Generic people page
Insights
METALS MORNING VIEW 28/03: Metals prices consolidating after recent weakness
Base metals prices on the London Metal Exchange are down across the board by an average of 0.6% this morning, Wednesday March 28. Losses are bunched together between 0.9% for lead and 0.3% for aluminium, with copper off by 0.7% at $6,613 per tonne.
March 28, 2018
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By Generic people page
Insights
METALS MORNING VIEW 03/07: Base metals look well placed to extend gains
Base metals prices on the London Metal Exchange are off to a slower start this week with three-month prices up an average of just 0.1%. Copper prices are off 0.4% at $5,937 per tonne, aluminium prices are off 0.1%, while the rest are up between 0.2% and 0.4%. Volume has been average at 5,241 lots as of 06:46 BST.
July 3, 2017
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By Generic people page
Insights
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