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WEEKLY SCRAP WRAP: Prices recovering globally except in US
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.
May 4, 2018
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By Generic people page
Insights
METALS MORNING VIEW 10/01: Metal prices bullish, but confidence low
Three-month base metals prices on the London Metal Exchange were for the most part little changed this morning, Thursday January 10. The exceptions were nickel that was up by 0.4% and lead that was up by 0.6%.
January 10, 2019
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By Generic people page
Insights
EU LONG STEEL OUTLOOK: New import quota proposal offers clarity to European market
European long steel buyers were quiet throughout December on uncertainties arising from the United States' various trade wars, but a European Commission quota proposal in January has offered some hope of more certainty to sellers.
January 8, 2019
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By Generic people page
Insights
METALS MORNING VIEW 22/01: Metals start the week on a strong footing
Base metals prices on the London Metal Exchange are for the most part stronger this morning, Monday January 22, with the complex up by an average of 0.2%.
January 22, 2018
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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 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 23/01: Metals prices consolidate while awaiting fresh direction
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.
January 23, 2019
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By Generic people page
Insights
GLOBAL BILLET WRAP: Major markets show mixed dynamics
Steel billet prices in Turkey bucked the general global trend during the working week from Monday October 9 to Friday October 13, rising slightly with a rebound in scrap prices.
October 16, 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
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
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