The impact of Covid-19 lockdowns continues for Vietnam’s agricultural sector

Prices for steel billet in the major markets showed mixed dynamics during the working week to Friday September 21. Weak demand drove prices down in the Chinese export, Southeast Asian import and Turkish domestic and export markets.

Base metals prices on the London Metal Exchange are weaker across the board by an average of 0.9% this morning, Tuesday January 30.

News that trade talks between China and the United States will take place later this month has sparked risk-on sentiment in the London Metal Exchange base metals complex this morning.

Base metals prices on the London Metal Exchange are for the most part weaker this morning, Wednesday October 25. Tin prices are the exception as they are unchanged, but they are also already relatively weak.

Metal Bulletin reviews the major stories affecting the steel market over the past week.

Metal Bulletin reviews the major stories affecting the steel market over the past week.

Buying activity in the global steel billet market was muted last week as most of the potential customers were on religious holidays.

Base metals prices on the London Metal Exchange are broadly higher this morning, Thursday October 19. Nickel prices lead the gains with a 1.2% increase to $11,770 per tonne, while tin, aluminium and copper prices are up by between 0.1% and 0.4%, with three-month copper prices at $7,005. Lead and zinc are bucking the trend, with prices down by 1.1% and 0.5%, respectively.

Prices in the global steel billet market remained largely unchanged over the past week, as some customers continued to accept high offer prices.