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METALS MORNING VIEW 25/07: Metals prices stronger on good volume
Base metals prices on the London Metal Exchange are up by an average of 0.5% this morning, Tuesday July 25. Tin is once again bucking the trend with prices off 0.3% at $20,190 per tonne, while the rest have gains of between 0.3% for aluminium and 0.9% for nickel and copper, with the latter at $6,088 per tonne basis three months.
July 25, 2017
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By Generic people page
Insights
METALS MORNING VIEW 25/07: Metals generally firmer following Tuesday’s gains
Three-month base metals prices on the London Metal Exchange were for the most part firmer on the morning of Wednesday July 25, with the complex up by an average of 0.4%. Tin (-0.2%) was the only metal showing a loss. Lead prices (+1%) led the advance, while copper prices rose by 0.4% to $6,290 per tonne.
July 25, 2018
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By Generic people page
Insights
METALS MORNING VIEW 23/08: Metals prices consolidate recent gains
Base metals prices on the London Metal Exchange are for the most part consolidating this morning, Wednesday August 23, with three-month copper prices off by 0.1% at $6,582 per tonne, while zinc prices are up by 0.4% and nickel prices are off by 0.4%. Volume has been average with 8,662 lots traded as of 06:43 BST.
August 23, 2017
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By Generic people page
Insights
METALS MORNING VIEW 25/03: Metals prices start week poorly amid risk-off sentiment
The London Metal Exchange three-month base metals prices ran into follow-through selling on the morning of Monday March 25 following the weak economic data points released at the end of last week.
March 25, 2019
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By Generic people page
Insights
LATIN AMERICA LONG STEEL WRAP: CSN objects ArcelorMittal, Votorantim deal
Brazil-based steelmaker CSN is questioning the acquisition of local long steel producer Votorantim Siderurgia by ArcelorMittal’s Brazilian subsidiary.
June 29, 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 12/12: Metals quiet, awaiting trade developments
Three-month base metals prices on the London Metal Exchange were for the most part firmer this morning, Wednesday December 12, with average gains of 0.3%. This after the complex climbed by an average of 0.4% on Tuesday, which followed Monday’s test of support levels – that held.
December 12, 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 22/03: Dollar rebound pressures metals prices
With three-month base metals prices on the London Metal Exchange having come off their weekly highs, most metals remained under selling pressure and have continued to consolidate this morning, Friday March 22.
March 22, 2019
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By Generic people page
Insights
Prices & protectionism: When to test the water and when to push the boat out
During the past couple of years, US steelmakers, especially on the carbon flat-rolled side, have been consistently reporting better margins, albeit after a horrendous 2015 when falling demand was exacerbated by high import volumes.
February 14, 2018
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By Generic people page
Insights
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