Three-month base metals prices on the London Metal Exchange were for the most part firmer this morning, Tuesday December 11, with average gains of 0.2%. This after they again tested support levels on Monday, when support held to varying degrees.

Three-month base metals prices on the London Metal Exchange were weaker on the morning of Thursday December 6, with the complex down by an average of 0.9%. Continued weakness in equities, bond yields and increased trade tensions between the United States and China seem to be weighing on sentiment.

The graphite electrodes used in electric-arc furnace (EAF) steelmaking have changed from being a commodity to a strategic material, with prices surging last year amid drastic changes in market conditions, an industry conference has heard.

Base metals continue to face headwinds from the continuing trade dispute between the United States and China, but also from tension over the arrest of Huawei's chief financial officer, Brexit, social unrest in France and stuttering equity markets.

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

Turkish mills resumed their deep-sea purchases with slightly higher prices during the working week from Monday May 22 to Friday May 26, while other markets were comparatively stable, Metal Bulletin has learnt.

The base metals are under pressure today as escalating geopolitical tensions between the USA and North Korea continue to increase risk aversion, triggering profit-taking after bullish sentiment pushed many of the metals to fresh multi-month highs this week.

Despite a firmer dollar, the three-month base metals prices on the London Metal Exchange are up across the board by an average of 0.8% this morning, Wednesday November 28. Nickel and tin are the outperformers with gains of 1.4% and 1.1% respectively.

The three-month tin price on the London Metal Exchange stood out as the strongest performer among its peers with a gain of 1.2% this morning, Monday November 26. Three-month copper ($6,183 per tonne) and aluminium were up by 0.2%, while the rest were down by 0.3%.

Three-month base metals prices on the London Metal Exchange were slightly firmer during morning trading on Tuesday April 2, up by an average of 0.2% but still down from Monday's highs.