NORTH AMERICAN MORNING BRIEF 01/11: Base metals stage minor recovery; Asia flat steel poised for downtrend

The latest metal markets news and price moves to start the North American day on Thursday November 1.

Base metals on the London Metal Exchange were collectively higher during morning trading on Thursday November 1, with most metals recovering from Wednesday’s dip amid a softer US dollar index and a continued drawdown in LME inventories. Pushing back above $11,500 per tonne, the three-month nickel price gathered support over the morning session, hitting an intraday high of $11,645 per tonne after falling 2.5%...

Published

Justin Yang

November 01, 2018

12:35 GMT

London