Base metals prices on the London Metal Exchange are heading lower again by an average of 0.6% this morning, Tuesday September 12. Three-month nickel prices lead the way with a 1.6% drop to $11,645 per tonne, copper and tin prices are off by 0.6%, with copper at $6,709 per tonne, while the rest are off by between 0.2 and 0.3%. Volume has been average at 5,750 lots.

And so it begins. The United States will impose import tariffs on steel and aluminium, and with depressing inevitability other nations and trading blocs will cry “foul” and reach for the drawer marked “retaliation”, almost certainly leading to a wider and broader trade war.

Base metals prices on the London Metal Exchange are for the most part slightly firmer this morning, Wednesday July 5, with prices up an average of 0.2%.

Base metals prices on the London Metal Exchange are down across the board by an average of 0.7% this morning, Tuesday July 4.

After some consolidation at the end of last week, further strength has returned to the base metals this week, with copper prices pushing the envelope on the upside, while the rest of the complex has also seen prices head back towards recent highs.

Base metals prices are pulling back to consolidate this morning, Tuesday January 17, with three-month prices on the London Metal Exchange down an average of 1% as of 06:08 GMT with the pullback been done at quite a high volume of 11,288 lots.

The downtrend in the global billet market continued in the week ended Friday July 13 amid weakness in finished long steel prices, decreasing import scrap prices in Turkey, and generally unfavorable conditions in the global steel market.

The base metals on the London Metal Exchange are little changed this morning, Tuesday March 28, with three-month copper prices at $5,799 per tonne and volume has been light with 4,937 lots traded as of 05:55 BST.

Base metals prices on the London Metal Exchange are consolidating at lower numbers this morning, Friday January 13, with prices down an average of 0.7%, this is after a bullish day on Thursday, when prices climbed an average of 2%.

The base metals on the London Metal Exchange are up across the board by an average of 0.5% this morning, Thursday October 26. Aluminium leads the way with a 0.9% rally to $2,209.50 per tonne – the high so far has been $2,215, which means prices have surpassed the October 2012 peak of $2,212. Copper prices ($7,022 per tonne) and tin prices are up 0.2%, while the rest are up between 0.5% and 0.6%.