Broad markets were weaker this morning, Friday May 22, led by a 4.8% fall in the Hang Seng; base metals prices on both the London Metal Exchange and the Shanghai Futures Exchange were down across the board.

A global boom in home appliance sales during the Covid-19 pandemic is causing a shortage in flat steel supplies in China, and in turn supporting prices, Fastmarkets has heard.

Markets were for the most part stronger this morning, Monday June 1, following relief that United States President Donald Trump’s response last Friday to China’s plans to impose national security laws in Hong Kong did not shake market sentiment because he did not meddle with the phase one US-China trade deal, or increase sanctions.

The nickel price on the Shanghai Futures Exchange (SHFE) bucked the trend during Asian morning trading hours on Wednesday October 18, amid a broadly weak performance by the complex.

Good morning from Metal Bulletin’s offices in Asia as we bring you the latest news and pricing stories on Wednesday May 30.

Good morning from Metal Bulletin’s offices in Asia, bringing the latest news and pricing stories on Monday June 11.

The effects of any US and European Union (EU) sanctions on the non-ferrous metals trade with Russia could be significant, based on the volumes of metals traded.

Base metals traded on the London Metal Exchange are broadly higher this morning, Thursday August 24, with three-month copper, zinc, lead and tin prices up by between 0.2% and 0.5%, with copper prices at $6,612 per tonne, while aluminium and nickel prices are by off 0.3% and 0.6%, respectively.

Most of the base metals prices on the London Metal Exchange have stopped sliding this morning, Tuesday April 11, at least for now. On average the complex is up 0.1%, with copper, aluminium, nickel and lead prices up between 0.3% and 0.5%, while zinc prices are off 0.4% and tin prices are down 0.2%.

Base metals on the London Metal Exchange were broadly lower at the close of trading on Tuesday April 24, with aluminium and nickel continuing to drop.