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METALS MORNING VIEW 01/03: Metals prices consolidate, albeit on a back footing
Base metals traded on the London Metal Exchange are for the most part consolidating after recent weakness, the exceptions are aluminium prices that are up by 0.7% at $2,147 per tonne and lead prices that are down by 0.5% at $2,490 per tonne. The rest are little changed, with copper prices recently quoted at $6,943 per tonne.
March 1, 2018
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By Generic people page
Insights
METALS MORNING VIEW 01/12: Metals prices consolidate, some buying emerging
Base metals prices on the London Metal Exchange are for the most part firmer this morning, Friday December 1.
December 1, 2017
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By Generic people page
Insights
METALS MORNING VIEW 10/04: LME base metals prices on defensive after global risk sentiment sours
Global risk sentiment soured overnight following news that the International Monetary Fund (IMF) has downgraded its global growth outlook for 2019 to 3.3% from 3.5% previously.
April 10, 2019
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By Generic people page
Insights
METALS MORNING VIEW 06/11: Metals prices mainly firmer despite robust dollar
Base metals prices on the London Metal Exchange are for the most part firmer this morning, Monday November 6, with prices up by an average of 0.7%.
November 6, 2017
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By Generic people page
Insights
METALS MORNING VIEW 30/11: Base metals prices firm despite disappointing China data
Three-month base metals prices on the London Metal Exchange were firm on the morning of Friday November 30 despite the release of weaker-than-expected economic data from China earlier in the day.
November 30, 2018
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By Generic people page
Insights
METALS MORNING VIEW 30/10: Metals off to a quiet start
Base metals prices on the London Metal Exchange are fairly mixed this morning, Monday October 30, with the complex off by an average of 0.3%. Three-month copper prices are little changed at $6,841 per tonne, while the rest are ranged between lead prices that are down by 0.9% and zinc prices that are up by 0.4%. Aluminium prices are down by 0.8%, nickel prices are off by 0.6% and tin prices are up by 0.3%.
October 30, 2017
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By Generic people page
Insights
METALS MORNING VIEW 23/10: Metals remain in consolidation mode
Base metals prices on the London Metal Exchange are firmer by an average of 0.4% this morning, Monday October 23. Zinc and lead prices lead the way with a 0.7% gain, while copper prices are the laggards with a 0.1% gain to $6,975 per tonne. Volume has been average of 5,549 lots as of 07:17 BST.
October 23, 2017
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By Generic people page
Insights
METALS MORNING VIEW 11/10: Metals price rallies pause in high ground
Base metals prices on the London Metal Exchange are weaker across the board by an average of 0.7% this morning, Wednesday October 11. Zinc prices lead the decline with a 1.3% drop, followed by lead prices (-1%), nickel (-0.7%), tin and aluminium (-0.5%), while three-month copper prices are off by 0.2% at $6,739 per tonne.
October 11, 2017
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By Generic people page
Insights
GLOBAL BILLET WRAP: Markets widely quiet on religious holiday
The global steel billet markets remained basically stable in the week from Monday August 20 to Friday August 24, with prices in Southeast Asia and the CIS region continuing to soften on the fallout from the weakening of the Turkish lira.
August 27, 2018
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By Cem Turken
Insights
METALS MORNING VIEW 05/07: Sell-off continues, but tighter spreads suggest short-covering
Three-month base metals prices on the London Metal Exchange broadly continued their recent run of weakness on the morning of Thursday July 5. Nickel prices were unchanged, while the rest of the complex was down by between 0.3% for copper ($6,382 per tonne) and 0.7% for aluminium ($2,089 per tonne).
July 5, 2018
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By Generic people page
Insights
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