After drifting three percent on the LME, the primary aluminum cash price dropped to $1,987 per metric ton, making it the biggest mover on the Aluminum MMI® this week. LME aluminum 3-month prices fell 2.9 percent for the week to settle at $2,026 per metric ton. Indian primary aluminum cash prices fell 2.3 percent, after [...]
The cash price of primary aluminum saw the biggest shift of the day, dropping 1.9 percent on the LME to close at $1,987 per metric ton on May 10, 2012. Also on the LME, the 3-month price of primary aluminum declined 1.8 percent to $2,026 per metric ton. Indian primary aluminum cash price inched up [...]
by MetalMiner IndX Reports on May 11, 2012
Style: Industry News
Category: Automotive, Ferrous Metals, Metal Prices, MetalMiner IndX, Non-ferrous Metals
Keywords: Aluminum, aluminum prices, Copper, copper prices, Lead, lead prices, LME, Palladium, palladium prices, Platinum, platinum prices, SHFE, Steel, steel prices
The week’s biggest mover on the Automotive MMI® was the price of US palladium bar, which saw a 5.8 percent decline to $612.00 per ounce. This week marked the third in a row of declining prices for the platinum group metal (PGM). Closing out the third week of declining prices, the price of US platinum [...]
On May 9, 2012, the day’s biggest mover was the 3-month price of primary aluminum, which saw a 1.2 percent decline on the LME to $2,063 per metric ton. The cash price of primary aluminum fell 1.1 percent to $2,026 per metric ton yesterday on the LME after two days of no change. The cash [...]
by Stuart Burns on May 10, 2012
Style: Market Analysis
Category: Commodities, Inventory Stock Levels, Investing Hedging, Non-ferrous Metals
Keywords: Aluminum, aluminum prices, base metal premiums, Copper, copper prices, LME, Nickel, Tin
Metals buyers are an assiduous lot, carefully tracking and recording the price movement of those base metals on which the materials and components their firm depends with admirable diligence. Ask a metals buyer for the current copper price and he will often have the number to within a cent per pound off the top of [...]
by MetalMiner IndX Reports on May 9, 2012
Style: Industry News
Category: Commodities, Ferrous Metals, Metal Prices, MetalMiner IndX, Non-ferrous Metals
Keywords: Aluminum, aluminum prices, bar fuel surcharges, coking coal prices, construction trends, iron ore prices, Steel, steel prices
This past week, European 1050 aluminum dropped 3.6 percent on the Construction MMI®, the biggest mover on the index. Chinese aluminum bar traded sideways last week, hovering above $2,200 per metric ton. Closing out the third week of declining prices, the price of Chinese rebar dropped by 1.4 percent. Chinese H-beam steel prices were off [...]
Yesterday saw Indian primary aluminum cash price move down 2.7 percent, following three quiet days. The LME primary aluminum cash price saw little price change yesterday at $2,048 per metric ton. The primary aluminum 3-month price saw little movement on Tuesday on the LME, closing out around $2,088 per metric ton. Chinese aluminum closed mixed [...]
Japanese Copper Price Up The cash price of Japanese primary copper gained 0.4 percent on May 7, 2012. The price of US copper producer grade 122 dropped by 0.1 percent, after holding steady. The price of US copper producer grade 110 fell 0.1 percent yesterday after two days of no change. The price of US [...]