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%.

Three-month base metals prices on the London Metal Exchange had dipped in recent days on the back of global growth concerns and after follow-through buying from last week waned, but the complex is broadly up again with average gains of 0.3% this morning, Wednesday January 23.

Base metals traded on the London Metal Exchange are up across the board by an average of 0.4% this morning, Tuesday February 27.

Three-month base metals prices on the London Metal Exchange were for the most part firmer this morning, Tuesday September 18. This despite US President Donald Trump imposing 10% tariffs on a further $200 billion of Chinese exports – the market no doubt relieved it was not 25%.

Base metals prices on the London Metal Exchange are down across the board by an average of 0.6% this morning, Wednesday March 28. Losses are bunched together between 0.9% for lead and 0.3% for aluminium, with copper off by 0.7% at $6,613 per tonne.

Base metals prices on the London Metal Exchange were for the most part stronger on the morning of Tuesday May 8, with all the metals, except tin (-0.7%), up by an average of 0.7%. Zinc led the advance with a 1% gain and copper was up by 0.2% at $6,858 per tonne.

Base metals prices are consolidating on the London Metal Exchange this morning, Wednesday March 29, with prices off an average of 0.2%. Nickel leads the decline with a 0.6% drop to $9,940 per tonne, the rest vary from lead prices being down 0.4%, to aluminium prices being up 0.1%. Three-month copper prices are off 0.3% at $5,872 per tonne.

The underlying theme remains unchanged with the base metals prices continuing to oscillate within sideways trends, although some prices, such as tin and zinc, are starting to edge higher.

Metal Bulletin reviews the major stories that have affected the steel market over the past week.

Three-month base metals prices on the London Metal Exchange were down across the board by an average of 1% on the morning of Wednesday August 1. Zinc led the decline with a 1.7% drop to $2,590 per tonne, while copper was down by 1.2% at $6,244 per tonne.