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

Vanadium prices will find a much higher base than their 2015 lows when they inevitably fall, due to a structural shift in the global vanadium market, according to Amy Bennett, principal consultant at Fastmarkets MB.

Emirates Steel Industries has appointed Saeed Ghumran Al Remeithi as ceo, the first Emirati citizen to take the top job

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

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.

Base metals prices on the London Metal Exchange are consolidating this morning, Wednesday November 29, with prices ranged between down 0.2% for tin and zinc and up 0.3% for copper, which is at $6,827 per tonne. Volume has been lower than of late with 7,660 lots traded as of 07.02am London time.

The base metals on the London Metal Exchange are firmer this morning, Wednesday July 12, with prices up an average of 0.3%, led by 0.5% gains in copper ($5,906 per tonne) and lead ($2,321 per tonne).

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.

The latest news and price moves to start the Asian day on Thursday July 12.

The latest news and price moves to start the Asian day on Tuesday February 27.