Aluminum prices fell alongside other industrial metals due to a lack of buying interest in China, the top consumer. Lead deliveries to LME warehouses in Singapore highlight the city-state as a destination for surplus metals. Base metals prices on the LME experienced fluctuations, with zinc falling and aluminum premiums rising in Europe and the US. Chinese ferro-silicon prices dropped, while nickel premiums widened in Europe and the US. Zinc premiums increased in the US but remained stable in Europe and China.
China's domestic stainless #steel prices fall on weak demand, lower #nickel prices https://t.co/J08s5V0BCy
LME #nickel price biggest mover in quiet market conditions https://t.co/lkRGXQ2ldI
#LME Inventories update: #Copper -625t #Aluminum -2,050t #Nickel +312t #Zinc +7,325t #Lead +4,350t #Tin -125t Canceled Warrants: Copper -675t Aluminum -2,025t Nickel +654t Zinc -4,900t Lead 0t Tin -135t https://t.co/A2XgQ4aGwI
US daily #aluminium premium jumps on tight supply, demand pick-up https://t.co/jPaUcb5ZWH
#Zinc premiums move up in US but unchanged in Europe, China https://t.co/NLvzdDLNwZ
European #nickel premiums widen up on improved liquidity https://t.co/c6qowamVDA
Chinese ferro-#silicon prices fall on lower crude steel output in mid-March https://t.co/Wd0dE5x9RR
#Aluminium premiums rise in Europe, US, but Asia steady amid quiet import market https://t.co/GSnviSdNDv
LME base metals prices lower across the board; #zinc falls 1.1% https://t.co/jhx0LkMA5H
#LME Inventories update: #Copper -4,300t #Aluminum +750t #Nickel -240t #Zinc -2,450t #Lead Ā±0t #Tin -100t Canceled Warrants: Copper -4,300t Aluminum -750t Nickel +192t Zinc -2,350t Lead +3,325tš Tin +45t https://t.co/SaBY0yb7rp
A record delivery of lead into #LME warehouses in #Singapore has underscored the city stateās emergence as a dumping ground for surplus industrial metals https://t.co/9XBdw68ELc w/@mburtonmetals
Aluminum Falls as Metals Rally Runs Ahead of Demand Recovery https://t.co/Pj66870QrV
Aluminum fell with other industrial metals, as the recent rally in prices runs into a lack of buying interest in China, the top consuming country https://t.co/IcpWCFVtQX