Ferrous scrap prices in the major global markets remained firm during the working week from Monday April 30 to Friday May 4, with single exception of the United States.

Base metals prices on the London Metal Exchange remain under pressure this morning, Monday April 10, with three-month prices down an average of 0.2%.

Following a lackluster start to the trading week, the three-month base metals prices on the London Metal Exchange were mostly stronger on the morning of Tuesday August 7 amid bouts of bargain hunting, with the complex up by an average of 0.3%.

Manganese ore prices stayed firm in last week’s assessment on positive sentiment for the steel sector, while silico-manganese prices fob India jumped higher as a result of the higher ore quotations.

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.

Base metals prices on the London Metal Exchange are for the most part stronger this morning, Friday March 16, with all of the metals, except tin, showing average gains of 0.4%. Copper is up by 0.5% at $6,956 per tonne, while tin is off by 0.1% at $20,970 per tonne.

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.

Base metals prices on the London Metal Exchange are for the most part little changed this morning, Tuesday March 13. The exceptions are copper, where the three-month price is down by 0.4% at $6,888 per tonne, and zinc which is up by 0.6% at $3,262 per tonne.

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.

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.