LME base metal prices Sleeped on Tuesday 03.07.09


LME base metal prices sleeped on July 2nd. Nickel price dropped by US$45/ton to US$16,450/ton. Zinc price wasSliped by US$23/ton. Copper price falled by US$52.5/ton.

On other hand, aluminum price sleeped by US$23/ton to US$1,640/ton, and lead price was down by US$39/ton to US$1,700/ton. Tin price falled down by US$200/ton.

.News Date 7/03/2009 18:23:26 PM

. Semirara suspend nickel project for weak price of nickel
. Italy raises export price of flat steel to Portugal
. VN Steel to postpone few projects due to economic recession
. Russian TMK to sell casing pipes to Surgutnerftegas
. ThyssenKrupp Steel to increase flat steel prices in Q3
. Japanese H2 scrap average price increases last week
. Mozambique aluminum export fell 45 % during the first quarter
. Rio Tinto sells its plant in UK
. Steel imports to Vietnam increase sharply in the first months of 2009
. EU steel plate buying little in spite of demand recovery
. Turkish medium and small section steel export price soars
. South Korean ship-building plants' orders shrink substantially in H1 ,2009
. CIS hike its export price of pig iron by US$10/ton
. China's steel daily ouput hits the record high of 2009
. Wisco announces a US$ 4 billion steel project in Brazil
. US scrap price to Taiwan increases
. Mexcio's long products demand remain weak

LME base metal prices Raised on Wednesday too 24.06.09


. ArecelorMittal to resume production of two blast furnaces
. China defends export policies
. Nucor CEO sees steel industry near bottom
. China Steel Crop. sets price hike for August-October
. Japanese output of copper rolled products drops by 41.5% in May
. China to cut export tax on several steel products
. Turkey buys more scrap
. Ansteel gets approval to invest in Australian iron ore miner
. U.S. steel imports drop by 17% in May
. Freight rates to rise, exports may be affected because of the same.
. Gerdau to restart No.1 blast furnace
. Saudi Arabia's pipe demand to exceed 1.7 million tpy (Tons Per Year )
. Statistics of Russian iron ore exports in March
. CR, HDG prices tend to go up in UK

News Date 6/24/2009 15:47:26 PM

LME base metal prices Jumped on Tuesday 23.06.09


Nickel price increased by US$110 per ton and reached to US$14,610 per Ton . Zinc price was up by US$17 per ton and reached to the lavel of US$1,519 per ton. Copper price increased by US$44per ton nad ultimately reached US$4,805 per ton.

Aluminum price raised by US$31 per ton and closed to US$1,605per ton, tin price also increased by US$195/ton to US$14,595/ton. Besides, Lead price was up by US$16/ton to US$1,618/ton. .
News Date 6/24/2009 12:23:26 PM

. Eurofer welcomes 24% AD duty on Chinese wire rod
. Evraz ZapSib to restart No.3 blast furnace
. Ansteel got approval to invest in Australian iron ore miner
. JFE Steel will maintain No.3 blast furnace
. LME base metal prices jumped on Tuesday
. Anshan Steel lifts July prices
. U.S. crude steel output drops last week
. Baosteel to raise domestic pipe price for July
. NMDC ( Nationsl Mineral Development Company ) may release local iron ore price in July
. Wuhan Iron & Steel seeks stake in MMX
. Israel raises import tax on rebar to protect domestic market
. Rebar demand remains slack in Europe
. German's scrap exports down by 2.8% in 2008
. Nalco to sell 30,000 tons of alumina
. Turkish flat steel market improves



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