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METALS MORNING VIEW 11/09: Dip buying emerges, but will it continue?
Base metals prices on the London Metal Exchange are up by an average of 0.5% this morning, Monday September 11, with prices ranged between up by 1.2% for zinc and down by 0.1% for tin – three-month copper prices are up by 0.4% at $6,710 per tonne.
September 11, 2017
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By Generic people page
Insights
METALS MORNING VIEW 15/09: Metals in correction mode, but some dip buying evident
Base metals traded on the London Metal Exchange are on divergent paths this morning, Friday September 15, with losses in aluminium (-0.6%), nickel (-0.5%) and copper (-0.1%) at $6,496 per tonne, while zinc is up 0.3% and lead and tin are little changed.
September 15, 2017
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By Generic people page
Insights
METALS MORNING VIEW 25/09: Metals dip while China takes advantage of higher prices
With Chinese participants returning from holiday, they have taken to selling into the recent metal price gains, with the three-month base metals prices on the London Metal Exchange for the most part weaker during morning trading on Tuesday September 25.
September 25, 2018
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By Generic people page
Insights
***COMMENT: Steel’s slight return may herald recovery’s arrival
Green shoots or fool’s gold? The signs are there if you look for them. Last week light long product prices continued to rise in some regions as mills took advantage of a slight resurgence in demand to push through increases and pass on rises in scrap and billet costs. Even stainless steelmakers seemed to benefit, pushing through an 11% increase on base prices in Europe.
April 3, 2009
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By Generic people page
Insights
TURKEY FLAT STEEL WRAP: Prices up, demand improves in July
Flat steel prices in Turkey continued to rise in July due to strong demand and increasing global prices.
August 7, 2017
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By Generic people page
Insights
METALS MORNING VIEW 04/08: Metals looking firmer ahead of US employment report
Base metals traded on the London Metal Exchange are firmer across the board, with prices up by an average of 0.3% this morning, Friday August 4. Zinc prices are once again leading the advance with a 0.9% gain to $2,819 per tonne, while the rest are up between 0.1% and 0.4%, with copper prices up 0.4% at $6,370 per tonne. Volume has been average with 6,497 lots traded as of 07:01 BST.
August 4, 2017
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By Generic people page
Insights
METALS MORNING VIEW 28/07: Metals prices pullback as market consolidates recent gains
Base metals are consolidating recent gains with prices off by 0.4% on average this morning, Friday July 28. Tin leads the decline with a 0.7% price fall to $20,565 per tonne, followed by copper prices that are off 0.6% at $6,284 per tonne and nickel prices that are down 0.5%, while the rest are off around 0.2%.
July 28, 2017
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By Generic people page
Insights
METALS MORNING VIEW 28/02: Metals prices pull back after market surprised by Fed’s hawkish comments
Base metals traded on the London Metal Exchange are mainly weaker this morning, Wednesday February 28, with prices off by an average of 0.4%.
February 28, 2018
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By Generic people page
Insights
GLOBAL BILLET WRAP: Buying activity subsides as price upswing persists
Steel billet prices in the global markets continued to trend upwards last week, supported by sustainable demand for the material and positive developments in the finished long steel sector.
July 24, 2017
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By Generic people page
Insights
METALS MORNING VIEW 02/08: Metals prices consolidate ahead of option declaration, volume is high
Base metals prices on the London Metal Exchange are for the most part weaker this morning, Wednesday August 2. Aluminium is the exception, its prices are up 0.7% at $1,923 per tonne, while the rest are off by an average of 0.2%, with zinc prices off 0.5% and copper prices off 0.3% at $6,328 per tonne. Volume has been high at 12,379 lots as of 07:15 BST – this may be due to it being option declaration this morning.
August 2, 2017
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By Generic people page
Insights
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