Base Metals Price Guide

Metal Bulletin has produced independent assessments of non-ferrous metal prices, steel prices and scrap prices for many decades since it was established in 1913. These non-ferrous and ferrous metal prices and scrap prices are used widely. Producers, consumers and trading companies take Metal Bulletin prices as the basis to settle contracts with their counter-parties. Companies and banks employ them to value inventories or ores, and to evaluate projects and opportunities. Governments consider them when they calculate royalties and tariffs.

Metal Bulletin provides prices for all base metals: aluminium, copper, nickel, tin, zinc and lead from both the free market and metal exchanges.
For more information on our pricing methodologies, please visit our pricing methodology page.

Non-Ferrous Active Prices

Aluminium
LME duty-paid premium indicator/HG cash
HG duty-paid 3 months
Cif Japan 99.7% duty unpaid premium indicator quarterly
Extrusion billet premium 6063, EC duty paid in warehouse Rotterdam
US free market P1020 US midwest premium indicator $/Ib
Brazil premium spot premium over LME cash for P1020A min 99.7% duty unpaid ingot, sow $/tonne
MB Chinese free market, metallurgical grade delivered duty paid RMB/tonne
Alumina Index fob Australia

Copper & Brass
Producer premium (Codelco) Grade A cathode (average)
Aurubis European Grade A cathode premium ex-works $ per tonne
MB free market US High grade cathode premium indicator, $/tonne
Chinese Grade 1
Germany (VDM) Electro, €/tonne wirebar (Del)
Cathodes
South Africa Phalaborwa W/B, Rand/tonne
Copper Concentrate Asia-Pacific Index RC import US cents per Ib published twice monthly on 15th and last day of month
Copper Concentrate Asia-Pacific Index TC import $ per dmt published twice monthly on 15th and last day of month

Tin
MB European free market spot premium 99.9% $/tonne
spot premium 99.85% $/tonne
MB US free market: Grade A tin premium $/Ib

Nickel Europe $/tonne in warehouse Rotterdam
uncut cathodes premium indicator
4x4 cathodes premium indicator
briquettes premium indicator
US melting premium indicator $/Ib
plating premium indicator $/Ib
Nickel pig iron high grade NPI content 10-15% China contract price RMB per nickel unit
Nickel pig iron high grade NPI content 10-15% China spot price RMB per nickel unit

Lead
Germany (VDM) virgin soft, €/tonne
MB US High grade ingot premium indicator, $/Ib
MB European free market in warehouse Rotterdam €/tonne
European Automotive battery premium free market (Eurobat) in warehouse Rotterdam €/tonne
soft lead (average)
Ca/Ca grid lead (average)
Connector lead (average)
European Industrial battery premium in warehouse Rotterdam free market (Eurobat) Traction refined or soft lead (average) € per tonne
European Industrial battery premium in warehouse Rotterdam free market (Eurobat) Stand-by refined or soft lead (average) € per tonne

Zinc
Germany (VDM) virgin, €/tonne
UK Special high grade, delivered monthly average price £/tonne
MB US special high grade, $/Ib
MB EU: special high grade, fot Rotterdam, $/tonne


MB Daily Base Metal Premiums $ per tonne

Copper
MB Copper premium Rotterdam low - high
MB Copper premium Rotterdam calculated premium
MB Copper premium Hamburg low - high
MB Copper premium Hamburg calculated premium
MB Copper premium Leghorn low - high
MB Copper premium Leghorn calculated premium
MB Copper premium New Orleans low - high
MB Copper premium New Orleans calculated premium
MB Copper premium St Louis low-high
MB Copper premium St Louis calculated premium
MB Copper premium Chicago low - high
MB Copper premium Chicago calculated premium
MB Copper premium Gwangyang low - high
MB Copper premium Gwangyang calculated premium
MB Copper premium Busan low - high
MB Copper premium Busan calculated premium
MB Copper premium Singapore low - high
MB Copper premium Singapore calculated premium
MB Copper premium Shanghai low - high
MB Copper premium Shanghai calculated premium
MB Copper premium Johor low - high
MB Copper premium Johor calculated premium

Aluminium
MB Aluminium premium Rotterdam low - high
MB Aluminium premium Rotterdam calculated premium
MB Aluminium premium New Orleans low - high
MB Aluminium premium New Orleans calculated premium
MB Aluminium premium Baltimore low - high
MB Aluminium premium Baltimore calculated premium
MB Aluminium premium Chicago low - high
MB Aluminium premium Chicago calculated premium
MB Aluminium premium Detroit low - high
MB Aluminium premium Detroit calculated premium
MB Aluminium premium Gwangyang low - high
MB Aluminium premium Gwangyang calculated premium
MB Aluminium premium Singapore low - high
MB Aluminium premium Singapore calculated premium
MB Aluminium premium Johor low - high
MB Aluminium premium Johor calculated premium
MB Aluminium premium Shanghai low - high
MB Aluminium premium Shanghai calculated premium
MB Aluminium premium Japan low - high
MB Aluminium premium Japan calculated premium

Lead
MB Lead premium Rotterdam low - high
MB Lead premium Rotterdam calculated premium
MB Lead premium Singapore low - high
MB Lead premium Singapore calculated premium
MB Lead premium Shanghai low - high
MB Lead premium Shanghai calculated premium

Nickel
MB Nickel premium Rotterdam low - high
MB Nickel premium Rotterdam calculated premium
MB Nickel premium Singapore low - high
MB Nickel premium Singapore calculated premium
MB Nickel premium Shanghai low - high
MB Nickel premium Shanghai calculated premium

Zinc
MB Zinc premium Rotterdam low - high
MB Zinc premium Rotterdam calculated premium
MB Zinc premium New Orleans low - high
MB Zinc premium New Orleans calculated premium
MB Zinc premium Gwangyang low - high
MB Zinc premium Gwangyang calculated premium
MB Zinc premium Johor low - high
MB Zinc premium Johor calculated premium
MB Zinc premium Singapore low - high
MB Zinc premium Singapore calculated premium
MB Zinc premium Shanghai low - high
MB Zinc premium Shanghai calculated premium


Non-Ferrous Scrap Europe

Aluminium European free market MB assessment €/tonne
Floated Frag
Cast
Mixed turnings 6%

Germany per 1000kg
Pure cuttings
Commercial cast
H9 extrusions
Alloy turnings

France per 1000kg
Pure cuttings
Old rolled
Commercial cast

Italy per 1000kg
Pure cuttings
Old mixed scrap
Commercial cast


Copper

Germany per 1000kg
Copper wire (berry)
Heavy copper
Heavy brass
Brass turnings (MS 58)
Brass sheet (MS 63)

France per 1000kg
Electro cuttings
No 1 bright wire
Mixed (96%)
Brass plate cuttings 70/30
Brass turnings
Mixed brass

Italy per 1000kg
Electrolytic dd EN 12861-S-Cu-2
Enamelled wire EN 12861-S-Cu-3
New from tubes, strips etc EN 12861-S-Cu-4
Old from tubes, strips etc 12861-S-Cu-7
EN12861-S-Cu-Zn-1-A-Cu 63.5%
Mixed from valves/taps EN 12861-S-Cu-Zn-6
Several 95% m/m 12861-S-Cu-Zn-7


UK non-ferrous scrap

Aluminium £ per tonne
Group 1 pure 99% & Litho
Commercial pure cuttings
Clean HE9 extrusions
Loose Old Rolled cuttings
Baled old rolled
Commercial cast
Cast wheels
Commercial turnings
Group 7 turnings


UK non-ferrous scrap MB LME Discounts

Aluminium £ per tonne
Group 1 pure 99% & Litho
Commercial pure cuttings
Clean HE9 extrusions
Loose Old Rolled cuttings
Baled old rolled
Commercial cast
Cast wheels
Commercial turnings
Group 7 turnings


Non-ferrous foundry ingots

Aluminium UK £/tonne MB free market
LM24 pressure diecasting ingot
LM6/LM25 Gravity diecasting ingot

Aluminum Europe MB free market
Duty paid delivered works pressure diecasting ingot price (DIN226/A380)

Aluminum US $/Ib delivered Midwest
A380.1 alloy

Aluminium Bronze £/tonne
AB1 ex-works
AB2 ex-works

Zinc Alloys £/tonne
Brock Metal ZL3
Brock Metal ZL5


LME & Exchange Prices

New York Futures
Comex copper high grade settlement
Comex copper open interest
Comex copper stocks
Aluminium
Copper
Zinc

Shanghai Futures Weekly stocks
Aluminium
Copper
Zinc

LMEAluminium high grade cash official
Aluminium high grade 3 months official
Aluminium high grade Dec 1 prompt date official
Aluminium high grade Dec 2 prompt date official
Aluminium high grade Dec 3 prompt date official
Aluminium settlement
Aluminium high grade cash unofficial
Aluminium high grade 3 months unofficial
Aluminium high grade Dec 1 prompt date unofficial
Aluminium high grade Dec 2 prompt date unofficial
Aluminium high grade Dec 3 prompt date unofficial
Aluminium Asian Benchmark
Aluminium TAPO
Aluminium closing evalutation cash - 3 months
Aluminium stocks
Aluminum alloy cash official
Aluminium alloy 3 months official
Aluminium alloy Dec 1 prompt date official
Aluminium alloy settlement
Aluminum alloy cash unofficial
Aluminium alloy 3 months unofficial
Aluminium alloy Dec 1 prompt date unofficial
Aluminium alloy stocks
North American Special Aluminium alloy cash official
North American Special Aluminium alloy 3 months official
North American Special Aluminium alloy Dec 1 prompt date official
North American Special Aluminium alloy settlement
North American Special Aluminium alloy cash unofficial
North American Special Aluminium alloy 3 months unofficial
North American Special Aluminium alloy Dec 1 prompt date unofficial
North American Special Aluminium alloy stocks
Copper Grade A cash official
Copper Grade A 3 months official
Copper Grade A Dec 1 prompt date official
Copper Grade A Dec 2 prompt date official
Copper Grade A Dec 3 prompt date official
Copper Grade A settlement $
Copper Grade A £ Cash settlement
Copper Grade A £ 3 months settlement
Copper Grade A cash unofficial
Copper Grade A 3 months unofficial
Copper Grade A Dec 1 prompt date unofficial
Copper Grade A Dec 2 prompt date unofficial
Copper Grade A Dec 3 prompt date unofficial
Copper Asian Benchmark
Copper TAPO
Copper closing evalutation cash - 3 months
Copper stocks
Lead cash official
Lead 3 months official
Lead Dec 1 prompt date official
Lead Dec 2 prompt date official
Lead Dec 3 prompt date official
Lead settlement
Lead £ cash settlement
Lead £ 3 months settlement
Lead cash unofficial
Lead 3 months unofficial
Lead Dec 1 prompt date unofficial
Lead Dec 2 prompt date unofficial
Lead Dec 3 prompt date unofficial
Lead stocks
Nickel cash official
Nickel 3 months official
Nickel Dec 1 prompt date official
Nickel Dec 2 prompt date official
Nickel Dec 3 prompt date official
Nickel settlement
Nickel cash unofficial
Nickel 3 months unofficial
Nickel Dec 1 prompt date unofficial
Nickel Dec 2 prompt date unofficial
Nickel Dec 3 prompt date unofficial
Nickel stocks
Tin cash official
Tin 3 months official
Tin 15 months official
Tin settlement
Tin cash unofficial
Tin 3 months unofficial
Tin 15 months unofficial
Tin stocks
Zinc SHG cash official
Zinc SHG 3 months official
Zinc SHG Dec 1 prompt date official
Zinc SHG Dec 2 prompt date official
Zinc SHG Dec 3 prompt date official
Zinc settlement
Zinc SHG cash unofficial
Zinc SHG 3 months unofficial
Zinc SHG Dec 1 prompt date unofficial
Zinc SHG Dec 2 prompt date unofficial
Zinc SHG Dec 3 prompt date unofficial
Zinc stocks
Standard Bank fixing rates copper
Standard Bank fixing rates aluminium
Standard Bank fixing rates lead
Standard Bank fixing rates zinc
Standard Bank fixing rates nickel
Standard Bank fixing rates tin
Alumium Arbitrage spot yuan per tonne
Aluminium Arbitrage spot $ per tonne
Alumium Arbitrage 3 months yuan per tonne
Aluminium Arbitrage 3 months $ per tonne
Copper Arbitrage spot yuan per tonne
Copper Arbitrage spot $ per tonne
Copper Arbitrage 3 months yuan per tonne
Copper Arbitrage 3 months $ per tonne
Zinc Arbitrage spot yuan per tonne
Zinc Arbitrage spot $ per tonne
Zinc Arbitrage 3 months yuan per tonne
Zinc Arbitrage 3 months $ per tonne


Monthly Averages

Aluminium High Grade 3 months Min 99.7% ingot EU duty paid LME premium indicator $ per tonne in warehouse Monthly average
Aluminium European free market in warehouse LME duty-paid premium indicator HG Cash monthly average $ per tonne
MB Aluminium premium Rotterdam to meet LME specification P1020A $ per tonne in warehouse Monthly average
Aluminium Spot 3 months 99.7% cif Japan duty unpaid premium indicator Monthly Average
MB Aluminium premium Rotterdam primary aluminium ingot meet LME spec: P1020A calculated premium monthly average $ per tonne
MB Aluminium premium Baltimore primary aluminium ingot to meet LME spec: P1020A calaculated premium monthly average $ per tonne
MB Aluminium premium Baltimore primary aluminium ingot to meet LME spec: P1020A low - high monthly average $ per tonne
MB Aluminium premium Chicago primary aluminium ingot to meet LME spec: P1020A calaculated premium monthly average $ per tonne
MB Aluminium premium Chicago primary aluminium ingot to meet LME spec: P1020A low - high monthly average $ per tonne
MB Aluminium premium Gwangyang primary aluminium to meet LME spec: P1020A calculated premium monthly average $ per tonne
MB Aluminium premium Gwangyang primary aluminium ingot to meet LME spec: P1020A low - high monthly average $ per tonne
MB Aluminium premium Johor primary aluminium to meet LME spec: P1020A calculated premium monthly average $ per tonne
MB Aluminium premium Johor primary aluminium ingot to meet LME spec: P1020A low - high monthly average $ per tonne
MB Aluminium premium Shanghai primary aluminium ingot to meet LME spec: P1020A calculated premium monthly average $ per tonne
MB Aluminium premium Shanghai primary aluminium ingot to meet LME spec: P1020A low - high monthly average $ per tonne
MB Aluminium premium Singapore primary aluminium ingot to meet LME spec: P1020A calculated premium monthly average $ per tonne
MB Aluminium premium Singapore primary aluminium ingot to meet LME spec: P1020A Low - high monthly average $ per tonne
MB Aluminum premium New Orleans primary aluminium ingot to meet LME spec: P1020A calaculated premium monthly average $ per tonne
MB Aluminum premium New Orleans primary aluminium ingot to meet LME spec: P1020A low - high monthly average $ per tonne
Non-Ferrous Metals Alumina Index Fob Australia $ per tonne Monthly Average
Aluminium 3 months seller LME Daily Official $ per tonne Monthly Average
Aluminium Cash LME Daily Official $ per tonne Monthly Average
Aluminium High Grade 3 months LME Official $ per tonne Monthly Average
Aluminium Settlement LME Daily Official $ per tonne Monthly Average
Copper 3 months LME Daily Official $ per tonne Monthly Average
Copper 3 months seller LME Daily Official $ per tonne Monthly average
Copper Cash LME Daily Official $ per tonne Monthly Average
Copper Cash LME Daily Official low/high $ per tonne Monthly average
Copper Settlement LME Daily Official $ per tonne Monthly Average
Copper Settlement LME Daily Official £ per tonne Monthly average
LME Copper 3 months seller Official Low/High Jan - current month (cumulative) $ per tonne
MB Copper Premium Busan Grade A copper cathode to meet LME spec BSEN 1978:1998 (Cu-CATH-1) calculated premium monthly average $ per tonne
MB Copper Premium Busan Grade A copper cathode to meet LME spec BSEN 1978:1998 (Cu-CATH-1) low - high monthly average $ per tonne
MB Copper premium Chicago Grade A copper cathode to meet LME spec BSEN 1978:1998 (Cu-CATH-1) calculated premium monthly average $ per tonne
MB Copper premium Chicago Grade A copper cathode to meet LME spec BSEN 1978:1998 (Cu-CATH-1) low - high monthly average $ per tonne
MB Copper premium Gwangyang Grade A copper cathode LME spec BSEN 1978:1998 (Cu-CATH-1) calculated premium monthly average $ per tonne
MB Copper premium Gwangyang Grade A copper cathode LME spec BSEN 1978:1998 (Cu-CATH-1) low - high monthly average $ per tonne
MB Copper premium Hamburg Grade A copper cathode to meet LME spec BSEN 1978:1998 (Cu-CATH-1) low - high monthly average $ per tonne
MB Copper premium Hamburg Grade A copper cathode to meet LME spec BSEN 1978:1998 (Cu-CATH-1) calculated premium monthly average $ per tonne
MB Copper premium Leghorn Grade A copper cathode to meet LME spec BSEN 1978:1998 (Cu-CATH-1) calculated premium monthly average $ per tonne
MB Copper premium Leghorn Grade A copper cathode to meet LME spec BSEN 1978:1998 (Cu-CATH-1) low - high monthly average $ per tonne
MB Copper premium New Orleans Grade A copper cathode to meet LME spec BSEN 1978:1998 (Cu-CATH-1) calculated premium monthly average $ per tonne
MB Copper premium New Orleans Grade A copper cathode to meet LME spec BSEN 1978:1998 (Cu-CATH-1) low - high monthly average $ per tonne
MB Copper premium Rotterdam Grade A copper cathode to meet LME spec BSEN 1978:1998 (Cu-CATH-1) calculated premium monthly average $ per tonne
MB Copper premium Rotterdam Grade A copper cathode to meet LME spec BSEN 1978:1998 (Cu-CATH-1) low - high monthly average $ per tonne
MB Copper premium Shanghai Grade A copper cathode to meet LME spec BSEN 1978:1998 (Cu-CATH-1) calculated premium monthly average $ per tonne
MB Copper premium Shanghai Grade A copper cathode to meet LME spec BSEN 1978:1998 (Cu-CATH-1) low - high monthly average $ per tonne
MB Copper premium Singapore Grade A copper cathode to meet LME spec BSEN 1978:1998 (Cu-CATH-1) calculated premium monthly average $ per tonne
MB Copper premium Singapore Grade A copper cathode to meet LME spec BSEN 1978:1998 (Cu-CATH-1) low - high monthly average $ per tonne
Lead 3 months LME Daily Official $ per tonne Monthly Average
Lead 3 months sellers LME Daily Official $ per tonne Monthly average
Lead Cash LME Daily Official Monthly Average $ per tonne
Lead Settlement Daily Official $ per tonne Monthly Average
Lead Settlement LME Official £ per tonne Monthly average
LME Lead Cash Official Low/High Jan - current month (cumulative) $ per tonne
MB Lead premium Singapore primary lead of 99.97% purity to meet LME spec: BS EN 12659:1999 calculated premium monthly average $ per tonne
MB Lead premium Singapore primary lead of 99.97% purity to meet LME spec: BS EN 12659:1999 low - high monthly average $ per tonne
MB Lead premium Rotterdam primary lead of 99.97% purity to meet LME spec: BS EN 12659:1999 calculated premium monthly average $ per tonne
MB Lead premium Rotterdam primary lead of 99.97% purity to meet LME spec: BS EN 12659:1999 low - high monthly average $ per tonne
MB Lead premium Shanghai primary lead of 99.97% purity to meet LME spec: BS EN 12659:1999 calculated premium monthly average $ per tonne
MB Lead premium Shanghai primary lead of 99.97% purity to meet LME spec: BS EN 12659:1999 low - high monthly average $ per tonne
Nickel 3 months LME Daily Official $ per tonne Monthly Average
Nickel 3 months seller LME Daily Official $ per tonne Monthly average
Nickel Cash LME Daily Official $ per tonne Monthly Average
Nickel Settlement LME Daily Official $ per tonne Monthly Average
Nickel Melting United States Free market premium indicator $ per lb in warehouse Monthly average
Nickel Plating United States Free market premium indicator $ per lb in warehouse Monthly average
MB nickel premium Rotterdam primary nickel of 99.80% to meet LME spec: B39:79 (2008) calculated premium monthly average $ per tonne
MB nickel premium Rotterdam primary nickel of 99.80% purity to meet LME spec: B39:79 (2008) low - high monthly average $ per tonne
MB nickel premium Shanghai primary nickel of 99.80% to meet LME spec: B39:79 (2008) calculated premium monthly average $ per tonne
MB nickel premium Shanghai primary nickel of 99.80% to meet LME spec: B39:79 (2008) low - high monthly average $ per tonne
MB nickel premium Singapore primary nickel of 99.80% to meet LME spec: B39-79 (2008) calculated premium monthly average $ per tonne
MB nickel premium Singapore primary nickel of 99.80% to meet LME spec: B39-79 (2008) low - high monthly average $ per tonne
Tin 3 months LME Daily Official $ per tonne Monthly Average
Tin 3 months seller LME Daily Official $ per tonne Monthly average
Tin Cash LME Daily Official $ per tonne Monthly Average
Tin Settlement LME Daily Official $ per tonne Monthly Average
Zinc 3 months LME Daily Official $ per tonne Monthly Average
Zinc Cash LME Daily Official $ per tonne Monthly Average
Zinc Settlement LME Daily Official $ per tonne Monthly Average
MB Zinc premium Gwangyang primary zinc to meet LME spec: BS EN 1179:2003 calculated premium monthly average $ per tonne
MB Zinc Premium Gwangyang primary zinc to meet LME spec: BS EN 1179:2003 low-high monthly average $ per tonne
MB Zinc premium Johor to meet LME spec: BS EN 1179:2003 calculated premium monthly average $ per tonne
MB Zinc premium Johor primary zinc to meet LME spec: BS EN 1179:2003 low-high monthly average $ per tonne
MB Zinc premium New Orleans to meet LME spec: BS EN 1179:2003 calculated premium monthly average $ per tonne
MB Zinc premium New Orleans to meet LME spec: BS EN 1179:2003 low-high monthly average $ per tonne
MB Zinc premium Rotterdam to meet LME spec: BS EN 1179:2003 calculated premium monthly average $ per tonne
MB Zinc premium Rotterdam to meet LME spec: BS EN 1179:2003 low-high monthly average $ per tonne
MB Zinc premium Shanghai primary zinc to meet LME spec: BS EN 1179:2003 calculated premium monthly average $ per tonne
MB Zinc premium Shanghai primary zinc to meet LME spec: BS EN 1179:2003 low-high monthly average $ per tonne
MB Zinc premium Singapore to meet LME spec: BS EN 1179:2003 calculated premium monthly average $ per tonne
MB Zinc premium Singapore to meet LME spec: BS EN 1179:2003 low-high monthly average $ per tonne
USD/Euro Currency Exchange Rate Monthly Average
USD/GBP Currency Exchange Rates (Closing Rates) Monthly Average
USD/JPY Currency Exchange Rates (Closing Rates) Monthly Average
LME Settlement conversion rate $/YEN Monthly Average
USD/Euro LME Settlement Currency Conversion Rates Monthly Average
USD/GBP LME Settlement Currency Conversion Rates Monthly Average

Aluminium Europe Duty paid d/d works pressure diecasing ingot price DIN 226/A380 euros/tonne Monthly Average
Aluminium Scrap and Foundry Ingots LM6/LM25 Gravity diecasting ingot United Kingdom £ per tonne Monthly average
LM24 Non-Ferrous Metals Aluminium Scrap & Foundry Ingot United Kingdom £ per tonne Monthly Average
Aluminium Alloy 3 months seller LME Daily Official $ per tonne Monthly average 
Aluminium Alloy Cash LME Daily Official $ per tonne Monthly Average


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