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WEEKLY SCRAP WRAP: Prices largely stable on Section 232 uncertainty
Global scrap prices remained generally stable except in Taiwan during the working week from Monday March 12 to Friday March 16, amid the uncertainty created by the implementation of Section 232 tariffs in the United States and widespread weak demand for finished steel products.
March 16, 2018
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By Generic people page
Insights
METALS MORNING VIEW 21/11: Metals prices firmer after shaking off broader market weakness
Three-month base metals prices on the London Metal Exchange were up across the board by an average of 0.4% this morning, Wednesday November 21.
November 21, 2018
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By Generic people page
Insights
METALS MORNING VIEW 22/08: Stronger tone in metals prevails
Base metals traded on the London Metal Exchange are for the most part consolidating this morning, Tuesday August 22, after a generally strong performance on Monday when the complex closed up by an average of 1%.
August 22, 2017
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By Generic people page
Insights
METALS MORNING VIEW 22/11: Metals prices mixed while markets await developments
Three-month base metals prices on the London Metal Exchange continued to give mixed performances this morning, Thursday November 22.
November 22, 2018
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By Generic people page
Insights
METALS MORNING VIEW 25/02: Metals prices pulled higher by low copper stocks, trade optimism
Last Thursday’s brief correction in metals prices was just a pause in what is turning into a strong rally, with the three-month base metals prices traded on the London Metal Exchange up by an average of 0.6% on the morning of Monday February 25.
February 25, 2019
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By Generic people page
Insights
METALS MORNING VIEW 03/07: Base metals look well placed to extend gains
Base metals prices on the London Metal Exchange are off to a slower start this week with three-month prices up an average of just 0.1%. Copper prices are off 0.4% at $5,937 per tonne, aluminium prices are off 0.1%, while the rest are up between 0.2% and 0.4%. Volume has been average at 5,241 lots as of 06:46 BST.
July 3, 2017
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By Generic people page
Insights
METALS MORNING VIEW 14/01: Base metals prices mostly weaker following poor Chinese trade data
Three-month base metals prices on the London Metal Exchange were for the most part weaker this morning, Monday January 14, following the release of weak Chinese trade data.
January 14, 2019
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By Generic people page
Insights
METALS MORNING VIEW 12/02: Metals prices rebound – expect choppy trading
Base metals prices on the London Metal Exchange seem to have found buying interest this morning, Monday February 12, with all of the base metals, except lead (-0.3%), showing gains averaging 1%. The three-month copper price leads the way with a 1.8% rally to $6,870 per tonne - this after a low last Friday of $6,733 per tonne.
February 12, 2018
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By Generic people page
Insights
METALS MORNING VIEW 06/07: No pause in downdraft hitting metals prices
Three-month base metals prices on the London Metal Exchange were mixed on the morning of Friday July 6, with nickel (-0.8%), zinc (+1.1%) and aluminium (+0.3%) the main movers, while copper at $6,326 per tonne and tin at $19,455 per tonne were little changed. That said, copper did spike down to a low of $6,221.50 per tonne at around 4am London time.
July 6, 2018
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By Generic people page
Insights
METALS MORNING VIEW 07/01: Metals buoyant on the back of good US employment report, Chinese stimulus and a more Dovish Fed, but will it last?
Three-month base metals prices on the London Metal Exchange were up across the board by an average of 0.2% this morning, Monday January 7, with copper recently quoted at $5,937 per tonne – this after average gains of 1.5% last Friday.
January 7, 2019
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By Generic people page
Insights
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