NORTH AMERICAN MORNING BRIEF 14/03: New lead cancellations in Antwerp; China’s Ali production down; DMKD misses steel billet output target

The latest metal markets news and price moves to start the North American day on Wednesday March 14.

Base metals prices on the London Metal Exchange were higher across the board this morning, following better-than-expected data releases from China. The base metals are building on Monday’s rally with nickel hitting above $14,020 per tonne for the first time in March, while copper recovered back above $7,000 per tonne. “The Chinese data released today was a beat and signalled a more robust demand picture than many had assumed. The FAI numbers in particular could encourage some...

Published

Julian Luk

March 14, 2018

13:10 GMT

London