Apart from three-month tin prices that are down 0.9% on the London Metal Exchange this morning, Monday April 24, the rest of the metals’ prices are ranged between plus and minus 0.3%, with copper prices up 0.3% at $5,652 per tonne.

The base metals have opened up on a strong footing this morning, Tuesday January 10, boosted by stronger than expected PPI data out of China – it was up 5.5%, compared with 3.3% in November, although CPI slipped to 2.1% from 2.3%.

Domestic coal prices in China are expected to remain stable for May, with supply tightness in the seaborne coking coal market limiting downward movement while weakening sentiment in the steel market and lack of production curbs are thwarting an upside.

Most global billet prices edged down last week, amid lower scrap prices and weaker market activity due to the month-long Ramadan religious observation in Islamic countries.

Base metals are for the most part firmer this morning, Monday January 9, lead and nickel prices lead with 0.6% gains, zinc prices are up 0.5%, three-month copper prices are up 0.3% at $5,613 per tonne, while tin prices and aluminium prices are down 0.4% and 0.3%, respectively.

Base metals prices on the London Metal Exchange are down across the board by an average of 0.6% this morning, Wednesday September 13. Three-month nickel prices lead the decline with a 1.6% drop to $11,730 per tonne, while tin prices are little changed and the rest are down by between 0.4% for copper ($6,643 per tonne) and 0.8% for lead ($2,291 per tonne).

Flat steel prices in Turkey continued to increase in August on a combination of strong demand and rising global prices.

Base metals prices on the London Metal Exchange are mostly higher with gains averaging 1.1% this morning, Friday October 20. The exception is tin where prices are off by 0.3%. Nickel prices once again lead the gains with a 2.5% increase to $12,065 per tonne, with lead prices up by 1.6% and copper prices up by 1.3% to $7,060 per tonne. Zinc and aluminium prices are up by 0.9% and 0.6%, respectively.

Base metals prices on the London Metal Exchange are starting the week on a weak footing with prices down by an average of 1.5% this morning, Monday November 27.

Flat steel prices in Turkey continued to rise in July due to strong demand and increasing global prices.