Japanese steel producers continued to see lower prices in December at home although they enjoyed a rally in export prices on the back of a weakening yen.

The combination between Metinvest and Ilyich Iron & Steel is compelling. Metinvest brings its raw materials assets to the deal, and plans to invest a cool $2 billion in modernising and improving Ilyich’s facilities

Iron ore prices are weakening fast, with offer at $100 per tonne for 63.5% Fe content now failing to find buyers as high inventories and falling Chinese steel prices damage sentiment.

Global ferrous scrap prices were mostly going higher during the working week ended Friday May 11 with prices beginning to climb out of the price trough.

Three-month base metals prices on the London Metal Exchange were for the most part weaker on the morning of Wednesday June 13, the exception being lead which was up by 0.2%.

Three-month base metals prices on the London Metal Exchange were for the most part weaker this morning, Tuesday January 8.

Base metals traded on the London Metal Exchange are up across the board by an average of 0.7% this morning, Monday November 13. Nickel prices are leading the way with a 2.3% gain, with tin prices up by 0.7% and three-month copper prices up by 0.5% at $6,828 per tonne, while the rest are up by 0.2%.

A sharp increase in Turkish scrap import values pushed up scrap prices in the major markets during the working week from Monday July 24 to Friday July 28.

Three-month base metals prices on the London Metal Exchange were mixed this morning, Friday March 15, with copper, aluminium and nickel up by an average of 0.6%, while zinc, lead and tin were down by an average of 0.6%.

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.