Base metals prices on the London Metal Exchange were mostly higher at the close of trading on Wednesday August 22, marked by significant gains in three-month zinc and tin prices while positive market sentiment about the US-China trade talks boosted the complex....Read More
Zinc premiums became firmer across Asia over the week ending Wednesday August 22, with an open import arbitrage to China sending Shanghai premiums to nine-month highs....Read More
Prices for hot-rolled (HR) and cold-rolled (CR) steel sheet in Russia's Central Federal District around Moscow have increased this week with mills trying to keep their domestic market profitability high compared with export sales....Read More
Prices for rebar produced and delivered in Southern Europe remained unchanged over the past week, amid continued low activity, sources told Metal Bulletin on Wednesday August 22....Read More
The latest metal markets news and price moves to start the North American day on Wednesday August 22....Read More
Good morning from Metal Bulletin's offices in Asia as we bring you the latest news and pricing stories on Wednesday August 22.Base metals prices on the Shanghai Futures Exchange were mostly down during Asian morning trading on Wednesday August 22, after President Donald Trump's negative commentary on upcoming trade negotiations with China. Check Metal Bulletin's live futures report here. LME snaps...Read More
The depreciation of the South African rand since early August has sparked a debate in the chrome ore market over whether South African suppliers should be expected to cut offers prices into China. ...Read More
In the battle between macro and fundamental copper price drivers, copper bears hold the strongest of all trump cards - trade war. Copper's physical market is showing some of its most bullish signals in years, with premiums, scrap discounts and trade flows all indicating heightened demand over supply. Despite this, the London Metal Exchange three-month copper dropped sharply from a five-year high o...Read More
Base metals prices on the London Metal Exchange were mostly higher at the close of trading on Wednesday August 22, marked by significant gains in three-month zinc and tin prices while positive market sentiment about the US-China trade talks boosted the complex....Read More
Base metals on the London Metal Exchange were predominantly higher during morning trading on Wednesday August 22, lifted by a continued downtrend in the US dollar while market optimism over resumed US-Sino trade talks has curbed selling. ...Read More
Base metals prices were mixed on the London Metal Exchange on the morning of Wednesday August 22, with weakness seen in copper,lead and zinc, while nickel and tin prices increased and aluminium remained unchanged. Copper was down by 0.6%, lead down 0.2% and zinc down 0.9%, while nickel was up 0.8% and tin up 0.3%. Three-month copper prices were recently quoted at $6,027 per tonne.Vo...Read More
Domestic prices for steel beams in Europe were stable this week with many market participants still on holiday, sources told Metal Bulletin on Wednesday August 22....Read More
Prices for domestic hollow steel sections made in Europe remained unchanged this week while market participants' summer holidays continued, sources told Metal Bulletin on Wednesday August 22....Read More
The Aluminum Association wants US and Chinese officials to address the issue of Beijing's aluminium overcapacity at meetings on August 22-23 with an eye towards a long-term solution. ...Read More
Tin premiums were stable across the board on Tuesday August 21, with a recent swing in the metal's London Metal Exchange cash/three-month spread having little effect on the physical market. ...Read More
Nickel premiums in China trended higher on Tuesday August 21 with cargo holders keeping premiums firm, while US premiums fell and the European market remained stable in the quiet summer season. ...Read More
The latest metal markets news and price moves to start the North American day on Wednesday August 22....Read More
In the battle between macro and fundamental copper price drivers, copper bears hold the strongest of all trump cards - trade war. Copper's physical market is showing some of its most bullish signals in years, with premiums, scrap discounts and trade flows all indicating heightened demand over supply. Despite this, the London Metal Exchange three-month copper dropped sharply from a five-year high o...Read More
Base metals on the London Metal Exchange were predominantly higher during morning trading on Wednesday August 22, lifted by a continued downtrend in the US dollar while market optimism over resumed US-Sino trade talks has curbed selling. ...Read More
Italian long steel producer Acciaierie e Ferriere di Piombino (Aferpi) will restart the rail products rolling mill at its plant in Piombino in northern Italy on Friday August 24, according to local media reports....Read More