Metal Bulletin is proposing to change the assessment days for its Chinese steel export prices, its Chinese domestic stainless flat steel prices, and its East Asian stainless flat steel prices.

Base metals prices on the London Metal Exchange are consolidating this morning, Wednesday November 29, with prices ranged between down 0.2% for tin and zinc and up 0.3% for copper, which is at $6,827 per tonne. Volume has been lower than of late with 7,660 lots traded as of 07.02am London time.

The early-February sell-off in London Metal Exchange base metals seems to have run its course for now, but it may have not been as extreme as it could have been, ironically because of the growing influence of computerized trading systems.

The base metals are for the most part weaker this morning, Tuesday April 18, with three-month prices on the London Metal Exchange off an average of 0.3%, led by a 1.5% decline in lead prices to $2,205.50 per tonne. Zinc prices are down 1.1%, nickel prices are off 0.8% and copper prices are down 0.3% at $5,666 per tonne.

Metal Bulletin reviews some of the key news and price moves from the past week in the global steel market.

Following a month-long consultation with the market, Metal Bulletin will change the assessment days for its Chinese steel export prices, its Chinese domestic stainless flat steel prices, and its East Asian stainless flat steel prices.

Base metals traded on the London Metal Exchange are on divergent paths this morning, Monday September 25, with zinc and tin prices higher by 0.8% and 0.3%, respectively; lead and copper prices are little changed with three-month copper at $6,479 per tonne; and nickel and aluminium prices are weaker by 0.5% and 0.3%, respectively.

If “challenging” was the word that many metals market participants used to summarise 2016 at the start of LME Week, they might be ending the week on a slightly more optimistic note.

The base metals traded on the London Metal Exchange are for the most part firmer this morning, Tuesday April 25, with copper, aluminium zinc and nickel prices up between 0.2% and 0.4%. Three-month copper prices are up 0.4% at $5,678 per tonne. While lead and tin prices are down 0.3% and 0.1%, respectively.

The London Metal Exchange needs to boost liquidity by further reducing its trading fees, fight back against over-regulation and ensure its own rules don’t disadvantage market users, particularly in the area of high frequency trading, the co-founder of Red Kite Group said.