Base metals prices on the London Metal Exchange are once again down across the board, with average losses of 0.3% this morning, Friday September 29. Volume has been average with 5,910 lots traded as of 06:42 BST.

Ukraine-based energy company DTEK has started to supply anthracite coal to ArcelorMittal’s subsidiary operations in Mexico.

Profits of member mills of the China Iron & Steel Assn (Cisa) rose in May, as the drop in iron ore costs outpaced those of finished steel products.

Base metals prices on the London Metal Exchange are for the most part weaker this morning, Tuesday September 19. The exceptions are aluminium and copper prices that are up by 0.6% and 0.1%, respectively, with the latter at $6,537 per tonne. The rest of the complex are off between 0.3% for zinc prices and 0.9% for nickel prices. Volume has been above average with 8,054 lots traded as of 06:27 BST.

Russia’s apparent steel consumption is expected to grow by 5% to 7% annually in the mid-term, according to Metal Expert Consulting senior analyst Vladimir Terlovoy.

The Brazilian long steel market was largely stable in January, but prices are now expected rise and a government decision on whether to allow ArcelorMittal Brasil to take control of Votorantim Siderurgia's long steel assets is imminent.

The latest news and price moves to start the Asian day on Tuesday December 11.

China’s daily crude steel output hit a new high in mid-April, continuing the rebound in the first ten days of the month.

Good morning from Metal Bulletin’s offices in Asia, bringing the key news and market stories on Tuesday December 26.

The latest news and price moves to start the Asian day on Friday January 26.