Dropping 0.6 percent on the LME, the aluminum cash price was the biggest mover on May 22, 2012 on global aluminum markets, closing at $2,003 per metric ton. The 3-month LME price of aluminum weakened by 0.5 percent, settling at $2,045 per metric ton. The cash price of primary Indian aluminum showed little movement on [...]
The day’s biggest mover on stainless steel and its raw materials inputs markets broke away from a static phase with a six percent drop on May 22, 2012. After three changeless days, the price of Chinese 316 stainless steel scrap closed between $2,700 and $2,750 per metric ton. On Tuesday, the price of Chinese primary [...]
Chinese copper wire saw a 1.6 percent increase on May 22, 2012, making it the biggest upwards shift of the day on global copper markets. The price of Chinese bright copper scrap finished the market day up one percent. Chinese copper bar saw its price rise 0.1 percent. The cash price of Chinese copper inched [...]
The day’s biggest mover on our steel price index was the LME steel billet 3-month price, which dropped by 4.6 percent on May 22, 2012 to close at $411 per metric ton on the LME. The cash price of steel billet was off by 4.4 percent on the LME on Tuesday, falling from $410 to [...]
On May 21, 2012, Chinese copper wire rose 1.2 percent to finish as the day’s biggest mover on global copper markets. Chinese copper bar finished the day up one percent. The Chinese copper cash price inched up one percent as well, while Chinese bright copper scrap stayed flat at around between $7,500 and $7,750 per [...]
The aluminum cash price saw the biggest upwards shift for the day on global aluminum markets, rising 1.5 percent on the LME to close at $2,016 per metric ton on May 21, 2012. The LME aluminum 3-month price inched up 1.1 percent to $2,055 per metric ton. Shifting to Asian markets, the Indian aluminum cash [...]
The cash price of primary Indian nickel experienced the biggest price shift of the day on global stainless markets, dropping 2.3 percent on May 21, 2012. The spot price of nickel rose 1.1 percent on the LME to $17,100 per metric ton after a two-day drop. The LME nickel 3-month price gained one percent to [...]
With a decline of two percent on May 18, 2012, the cash price of Japanese primary copper recorded the biggest shift of the day in global copper prices. The price of US copper producer grade 110 fell 0.2 percent; the US copper producer grade 102 price also declined 0.2 percent. The price of US copper [...]