Base metals prices on the London Metal Exchange were firmer on the morning of Monday May 21, with prices up by an average of 0.4%. Lead was out in front with a 0.9% rise, while copper was up by 0.6% at $6,864 per tonne.

Three-month base metals prices on the London Metal Exchange were split into two camps on the morning of Monday June 11, with lead, zinc and aluminium prices moving higher, while the rest weakened.

During the past couple of years, US steelmakers, especially on the carbon flat-rolled side, have been consistently reporting better margins, albeit after a horrendous 2015 when falling demand was exacerbated by high import volumes.

Three-month base metals prices on the London Metal Exchange were up across the board by an average of 0.5% on the morning of Monday July 23. Gains were ranged between 0.1% for aluminium and 1.2% for zinc, with copper up by 0.3% at $6,172 per tonne.

Base metals prices are down across the board this morning, Monday March 20, with prices off an average of 0.7%, led by a 1% drop in three-month nickel prices to $10,170 per tonne, while copper prices are off 0.7% at $5,892 per tonne.

Three-month base metals prices on the London Metal Exchange were either little changed or stronger on the morning of Friday November 16.

The three-month lead price on the London Metal Exchange was slightly firmer this morning, Friday November 23, while the rest of the complex was down by an average of 0.6%. Zinc led the decline with a 1.2% fall, while copper was off by 0.8% at $6,217 per tonne.

Brazil-based steelmaker CSN is questioning the acquisition of local long steel producer Votorantim Siderurgia by ArcelorMittal’s Brazilian subsidiary.

The three-month base metals prices traded on the London Metal Exchange were mixed on the morning of Monday February 18.

Concern started to spread in the global steel markets this week that trade with Iran is at risk since US President Donald Trump announced on May 8 that his country will withdraw from the nuclear-power deal with the Middle Eastern state.