November 2012

High-carbon ferro-chrome prices fall, but bottom seen

High-carbon ferro-chrome prices have declined further as dwindling demand forces sellers to cut their prices.

LME BILLET REPORT: Contract prices see $10 increase

London Metal Exchange three-month steel billet contract prices jumped to $335-345 per tonne on Friday November 30, from $325-335 per tonne on Thursday.

MEIR ON METALS: Metals prices higher ahead of weekend Chinese data; fiscal talks grind on

Analyst Ed Meir looks at what is moving the metal markets on Friday November 30.

LME OFFICIALS: Base metals prices up on Japanese stimulus news, year-end optimism

Base metals prices rose still further on Friday November 30 on stimulus news from Japan, an analyst said in a note.

IRON ORE DERIVATIVES WRAP: OTC sees limited price movements

The OTC iron ore market ended November on a relatively quiet note with little price movement, brokers told Metal Bulletin sister publication Steel First on Friday 30.

Shanghai copper prices up on hint of improving US, Europe outlook

Copper prices on the Shanghai Futures Exchange rallied strongly on Friday November 30 as good news trickled in from the US and Europe.

MB-CESCO 8TH ASIA COPPER CONF: Restrictions limit LME operations in China, says Abbott

Restrictions on the number of companies allowed to trade on overseas exchanges is preventing the London Metal Exchange from operating fully in China, ceo Martin Abbott said on Thursday November 29.

SHFE vs LME arbitrage: copper, aluminium, zinc

Arbitrage for copper, aluminium and zinc imported into China*

LME ASIAN WRAP: Copper prices slide as US fiscal talks head nowhere

Copper prices on the London Metal Exchange slid in early Asian trading on Friday November 30 as US fiscal cliff negotiations stalled again on Thursday.

CLOSE TO CLOSE: Base metals tick up on risk appetite, rising physical demand

Base metals prices were up markedly during kerb trading on the London Metal Exchange on Thursday November 29, on increased risk appetite and a resurgence in physical demand.