September 2012

LME ASIAN WRAP: Copper prices edge up, but restricted by economic woes

Copper prices on the London Metal Exchange edged up in early Asian trading on Tuesday September 25 but gains are expected to be restricted by the ongoing global economic worries ahead of the week-long holiday in China next week.

CLOSE TO CLOSE: Base metals prices finish lower as Europe drags on sentiment

Base metal prices all finished lower at the close of physical trading on the London Metal Exchange on Monday September 24, as fresh concerns about the eurozone weighed on sentiment.

MEIR ON METALS: Metals prices retreat as European issues fester

Analyst Ed Meir looks at what is moving the metals markets on Monday September 24.

LME OFFICIALS: Copper prices succumb to currency-led selling

Copper prices eased back below $8,100 per tonne in official trading on the London Metal Exchange on Monday September 24, tracking losses in the euro.

MILLING ABOUT: Newedge boosts metals team in UK, USA and Asia

Newedge has appointed Andrew Patterson as senior director, head of metals trading for Europe, the Middle East and Africa as part of a major expansion of its metals desk.

Shanghai copper prices weak on renewed Europe concerns

Shanghai Futures Exchange copper prices fell on Monday September 24, as growth worries on European debt crisis reclaimed centre stage.

SHFE vs LME arbitrage: copper, aluminium, zinc

Arbitrage for copper, aluminium and zinc imported into China

US aluminium buyers return on LME dip

US aluminium traders reported an uptick in spot deals this week as a more-than-3-percent decline in the London Metal Exchange price drew cautious buyers off the sidelines.

LME OFFICIALS: Nickel prices hit fresh 20-week high

Nickel hit a fresh 20-week high in Friday’s official trading on the London Metal Exchange, as the base metals were lifted by a stronger euro and hopes that Spain will approve a rescue package.

IRON ORE DERIVATIVES WRAP: OTC values edge down in thin trading

The OTC iron ore market saw prices edge down further in a relatively quiet market, brokers told Metal Bulletin sister publication Steel First on Friday September 21.