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HIGHLIGHTS: Iron ore glut, ArcelorMittal gain and pain, Iran OCTG prospects…
Editor Vera Blei looks at the main news covered by Steel First over the past week.
May 9, 2015
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By Generic people page
Insights
METALS MORNING VIEW 11/12: Quiet start to the week across the metals
Base metals prices on the London Metal Exchange are for the most part weaker this morning, Monday December 11, with prices down by an average of 0.3% - led by a 0.8% drop in nickel prices while copper prices are down by 0.4% at $6,554 per tonne. Volume has been average with 8,070 lots traded as of 06.47 am London time.
December 11, 2017
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By Generic people page
Insights
METALS MORNING VIEW 13/12: Mixed start across the metals, expect more consolidation
Base metals prices on the London Metal Exchange are for the most part firmer this morning, Wednesday December 13, with gains in copper (0.2% at $6,690 per tonne), aluminium (0.1%), nickel (0.5%) and zinc (0.1%), while lead prices are off by 0.1% and tin prices are down by 0.4%.
December 13, 2017
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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 03/07: Some base metals prices attempting a rebound, but continue to look fragile
Three-month base metals prices on the London Metal Exchange were split into two camps on the morning of Tuesday July 3, with aluminium and tin prices both off by 0.3%, while the rest of the complex was up by between 0.1% and 0.6%. Zinc led the rebound, while copper was the laggard at $6,578 per tonne.
July 3, 2018
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By Generic people page
Insights
METALS MORNING VIEW 03/08: Metals run into overhead resistance
Base metals prices on the London Metal Exchange are on divergent paths this morning, Thursday August 3, with zinc prices up 0.6%, lead prices up 0.3%, aluminium is unchanged, while nickel leads on the downside with a 0.3% fall, tin prices are off 0.2% and copper prices are down 0.1% at $6,345 per tonne. Volume has been high with 9,666 lots traded as of 07:09 BST.
August 3, 2017
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By Generic people page
Insights
METALS MORNING VIEW 14/06: Disappointing Chinese data weighs on base metals prices
Disappointing Chinese economic data suggests there is little to be bullish about and therefore it is unsurprising that the three-month base metals prices on the London Metal Exchange were down across the board by an average of 0.7% on the morning of Thursday June 14.
June 14, 2018
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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 25/05: Metals prices consolidate after earlier weakness
Three-month base metals prices on the London Metal Exchange were for the most part weaker on the morning of Friday May 25, down between 0.2% and 0.6%, with copper down by 0.6% at $6,872 per tonne. Zinc was the single exception, up by a marginal 0.1%.
May 25, 2018
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By Generic people page
Insights
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
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