Flat steel prices in Turkey continued to fall in May, on moderate demand, and market participants expect June to be just as slow, as the Islamic holy month of Ramadan, and Eid will take place during the month.

Base metals prices on the London Metal Exchange are generally higher this morning, Friday January 12, with prices fairly uniformly up between 0.5% and 0.6% - apart from tin prices that are down 0.1% at $20,159 per tonne. Three-month copper prices are up by 0.5% at $7,167 per tonne and zinc prices have been as high as $3,405 per tonne, which is a fresh multi-year high.

Most of the base metals prices are weaker this morning, Wednesday May 31, the exception is three-month copper prices on the London Metal Exchange that are up 0.3% at $5,677 per tonne. The other LME metals are down an average of 0.6%, although that is skewed by a 2.4% decline in nickel prices to $8,890 per tonne.

A quiet but positive start to trading on the London Metal Exchange this morning, Thursday June 22, with base metals prices up across the board with average gains of 0.2%.

Base metals are little changed on the London Metal Exchange this morning, Wednesday June 28, with prices split between plus and minus 0.3%. Copper, lead and tin prices are firmer, aluminium and zinc prices are weaker and nickel prices are unchanged.

Base metals prices on the London Metal Exchange are down across the board this morning, Tuesday May 16, with prices down an average of 0.6%.

India’s imported scrap markets have been supported by healthy demand for finished steel in the country this week, which prevented there being steeper losses in the scrap price, sources have told Metal Bulletin.

Iranian steel billet has been quietly gaining acceptance in the global market because of its attractive prices compared to material from other suppliers.

Base metals prices are generally consolidating this morning, Friday May 5, after setting fresh lows intraday on Thursday.

Base metals on the London Metal Exchange are slightly firmer this morning, Tuesday June 6, with prices up an average of 0.2%.