EUROPEAN MORNING BRIEF 21/09: SHFE base metals prices broadly up; alumina market on downward trend; Fe-Ni ‘losing competitiveness’ against stainless scrap, NPI

Date: Sep 21, 2018

Good morning from Metal Bulletin’s offices in Asia as we bring you the latest news and pricing stories on Friday September 21.

Base metals prices on the Shanghai Futures Exchange were broadly up during Asian morning trading on Friday, with the complex supported by fresh buying amid a weaker dollar and easing trade tensions between the United States and China.

Check Metal Bulletin’s live futures report here.

London Metal Exchange, base metals prices

Shanghai Futures Exchange, base metals prices

Benchmark alumina prices have seen a steep decline this week for the first time since May, after a number of cargoes were reported to have traded at lower levels.

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