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Metals Industry News

Europe 226 Al ingot price hits 5-month low; scrap continues decline

Base Metals Market - Mon, 04/29/2019 - 13:15
The European aluminium-226 ingot price fell to a five-month low on April 26, while suppressed alloy demand from a weakening European automotive sector continues to add downward pressure on the alloy market.
Categories: Metals Industry News

LIVE FUTURES REPORT 29/04: Fresh inflows limit LME Cu, Al prices

Base Metals Market - Mon, 04/29/2019 - 10:30
Three-month copper and aluminium prices on the London Metal Exchange were subdued across morning trading on Monday April 29, with price sentiment dampened by sizable inflows into various LME-registered locations, while scheduled US-China trade talks this week could boost buying sentiment.
Categories: Metals Industry News

MORNING VIEW 29/04: Mixed start to the week, but some dip-buying evident

Base Metals Market - Mon, 04/29/2019 - 09:50
London Metal Exchange base metals prices have generally been weak in recent days but some dip-buying seems to be emerging, which for now is providing support. But, with much of Asia in, or heading for, Golden Week and Labor Day holidays, liquidity is likely to shrink either leading to more volatility, or quiet trading in the days ahead.
Categories: Metals Industry News

LIVE FUTURES REPORT 29/04: SHFE Cu, Zn prices under pressure; others find support

Base Metals Market - Mon, 04/29/2019 - 06:00
Base metals prices on the Shanghai Futures Exchange were largely up during morning trading on Monday April 29 due to a softening of the US dollar and the release of positive Chinese data at the end of last week.
Categories: Metals Industry News

LME ASIA WEEK 2019: Nickel prices at risk of further downside amid growing supply headwinds

Base Metals Market - Mon, 04/29/2019 - 06:00
With LME Asia Week fast approaching, Fastmarkets MB takes an in-depth look at one of the topics likely to dominate discussions at this year’s event: the growing risk of supply-side headwinds for nickel prices.
Categories: Metals Industry News

IN CASE YOU MISSED IT: 5 key stories from April 26

Base Metals Market - Mon, 04/29/2019 - 00:05
Here are five Fastmarkets MB stories you might have missed on Friday April 26 that are worth another look.
Categories: Metals Industry News

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