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Archive

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Scrap Metal News

Latest scrap metal and recycling industry news.

Tuesday, 12 February 2008
 

Select base metals up


At the London Metal Exchange, Nickel rose by $800 at $28200, tin went up by $350 to 17175, lead gained 190 dollars at 2970 dollars, copper moved up by $160 ...
thehindubusinessline.com

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Monday, 4 February 2008
 

Nickel up, tin prices down on global cues


However, copper price slipped on selling pressure because of fall in its price at overseas market, they added. At London Metal Exchange, nickel remained ...
economictimes.indiatimes.com

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Sunday, 20 January 2008
 

Copper Gains, Leading Other Metals Higher, on Demand in China


``We expect copper to remain reasonably firm this year.'' Nickel climbed $200 to $27800 a ton. LME-monitored stockpiles have declined 3.2 percent this year ...
bloomberg.com

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Sunday, 6 January 2008
 

Base metals moves down on lower LME advices


In London Metal Exchange, nickel slipped by $700 at $28100, tin dipped by $645 at $16150, zinc by $79 at $2495 and lead lost by $59 at $2601 a metric tonne. ...
economictimes.indiatimes.com

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Thursday, 3 January 2008
 

Copper futures fall on weak housing data


London Metal Exchange copper futures fell on Monday in thin volumes on concerns about falling demand after weak housing data from the US last week. ...
commodityonline.com

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Friday, 28 December 2007
 

Metals - Copper hits three week high as China vows to scrap import tax


'This should boost imports of the metal by the world's biggest consumer,' said Basemetals.Com analyst William Adams. LME trading resumed today after being ...
forbes.com

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Tuesday, 25 December 2007
 

Copper Surges in Shanghai as China Stockpiles at 10-Month Low


Among other LME-traded metals, lead settled at $2650 a ton, nickel was at $26950 a ton and tin was at $16400 a ton.
bloomberg.com

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Sunday, 23 December 2007
 

LME futures review


Copper, used widely in the power and construction industries, for three-month delivery on the London Metal Exchange ended at $6380 a tonne against $6375 a ...
commodityonline.com

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Tuesday, 18 December 2007
 

Copper Prices Climb in China as Stockpiles Fall to 10-Month Low


Among other LME-traded metals, lead lost 2.6 percent to $2420 a ton, nickel fell 0.8 percent to $26300 a ton, and tin fell 1.2 percent to $15975 a ton.
bloomberg.com

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Friday, 14 December 2007
 

Copper Advances for First Day This Week; Lead, Zinc Decline


Copper rose for the first day this week on the London Metal Exchange. Nickel, aluminum and tin also climbed, while lead and zinc fell. ...
bloomberg.com

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Thursday, 13 December 2007
 

Copper Falls in Shanghai as Imports Rise, Bolstering Supplies


Among other LME-traded metals, nickel was unchanged at $26300 a ton, lead declined 2.4 percent to $2480 a ton, and tin was not traded after closing at ...
bloomberg.com

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Wednesday, 12 December 2007
 

Copper prices slip on demand concerns


Nickel also fell 4.4 per cent at one stage. Copper for delivery in three months on the London Metal Exchange closed at $US6,825 per tonne, down $US86 from ...
As Published by theaustralian.news.com.au

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Friday, 7 December 2007
 

Monetary policy saps Shanghai copper; LME gains


Nickel rose $200 to $26100. Prices have fallen 50 percent since touching a
record peak in May. Asian nickel premiums have tumbled in recent weeks as ...
africa.reuters.com

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Thursday, 6 December 2007
 

Chinese nickel pig iron production only constrained by price and ...


SHFE copper prices bounced back significantly last week, in tandem with LME prices. The price was lent momentum by strong buying from end-users, ...
mineweb.com

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Wednesday, 5 December 2007
 

Gold rises, platinum firm


London Metal Exchange copper, a key gauge of metals markets in particular and the real economy in general, was down almost 3% at $6600 per tonne at the end ...
dailytimes.com.pk

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Shanghai copper, zinc close limit down, LME slips


Nickel rose $100 to $26900. Prices have almost halved since hitting a record high of $51800 in May this year as stainless steel producers cut back ...
africa.reuters.com

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Sector Glance: Industrial Metals Miners


Copper, nickel, lead, zinc, and tin all declined on the London Metal Exchange. On the New York Mercantile Exchange, copper lost 5.85 cents to $3.02. ...
As Published by chron.com

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Sunday, 25 November 2007
 

crude, dollar keep bullion market edgy


Heavy selling by stockists and importers pulled down Russian Nickel Plate by a hefty Rs 90 to Rs 1415/1420 per kg as Nickel prices on LME, under the grip of ...
economictimes.indiatimes.com

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Friday, 23 November 2007
 

NZ Dollar Falls as Metals Drop Sparks Concerns About Growth


These credit-market fears helped a measure of six metals traded on the London Metal Exchange, including copper and nickel, slide 0.3 percent yesterday. ...
bloomberg.com

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Thursday, 22 November 2007
 

Fears of recession in US spook commodity markets


Production is rising, with aluminium output at record levels, while nickel inventories at the London Metal Exchange have increased from just hours of supply ...
business.timesonline.co.uk

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Tuesday, 20 November 2007
 

Nickel, lead and zinc decline further


However, copper prices gained in line with higher London Metal Exchange (LME) advices. Nickel plate 4x4, 9x9 and 4x24 sizes fell by Rs 5 each at Rs ...
thehindubusinessline.com

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Saturday, 17 November 2007
 

Copper in Shanghai Falls Limit as Chilean Supply Concerns Ease


Among other LME-traded metals, lead was 1.4 percent down at $3440 a ton, nickel lost 0.6 percent to $31500 a ton, and tin didn't trade in Asia after ...
bloomberg.com

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Commodities Prices Slide As Dollar Jumps


Copper for December delivery dropped 21.55 cents to close at $3.081 a pound on the Nymex, while prices fell 2.8 percent on the London Metal Exchange. Nickel ...
As Published by ap.google.com

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Friday, 16 November 2007
 

Metals - Copper falls on rising supply, weak demand; Chile quake ...


Zinc fell to 2589 usd a tonne against 2665 usd, while nickel was down at 32350 usd a tonne against 33200 usd, despite another rise in LME inventories. ...
forbes.com

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Monday, 12 November 2007
 

Copper Gains in Shanghai as Price Fall Attracts Chinese Buyers


Among other LME-traded metals, lead advanced 1.7 percent to $3530 a ton, nickel fell 0.5 percent to $32600 and tin gained 0.3 percent to $16825 a ton.
bloomberg.com

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Wednesday, 7 November 2007
 

Sector Glance: Industrial Metals


2007 AP December copper added 3.95 cents to $3.3415 per pound on the New York Mercantile Exchange. Overseas on the London Metal Exchange, copper, nickel, ...
As Published by chron.com

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Copper Advances in London on Expectations of Increased Demand


Among other industrial metals on the LME, nickel advanced $350 to $31950 a
ton, lead gained $45.50 to $3745 and zinc increased $50 to $2775. ...
bloomberg.com

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Tuesday, 6 November 2007
 

Commodities Slip As Credit Concerns Grow


Base metals moved mostly lower on the London Metal Exchange, with nickel, copper, zinc and lead prices all declining. December copper futures on the Nymex ...
As Published by ap.google.com

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Metals - Copper drops below 7400 usd on lower Chinese and US ...


Nickel continued its losses from the end of last week, dipping to 31850 usd from 32150 usd, with LME monitored inventories running at their highest level ...
forbes.com

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Sunday, 4 November 2007
 

Bullion enters volatile zone


Closely following the LME (London Metal Exchange) trend, Nickel, Copper and Zinc eased by Rs 20/25, 3 and 5 per kg amid speculative selling. ...
economictimes.indiatimes.com

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Metals - Copper edges higher after stronger-than-expected US ...


Nickel was the sole loser, dipping to 32250 usd from 32450 usd. The LME said its inventories of the metal, a key component in stainless steel, ...
As Published by money.cnn.com

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Friday, 2 November 2007
 

Metals - Base metals fall sharply as dollar recovers, LME stocks rise


In other metals, nickel was down at 32000 usd a tonne from 32050 usd, tin fell to 16640 usd from 16740 usd while lead slipped to 3610 usd from 3660 usd. ...
As Published by money.cnn.com

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Friday, 26 October 2007
 

Sector Glance: Industrial Metals Rise


Overseas on the London Metal Exchange, copper, nickel, aluminum, lead, zinc and tin rose. Here's a look at how shares of some industrial metals producers ...
As Published by chron.com

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Thursday, 25 October 2007
 

Metals - Copper eases as fall in equities dents risk appetite UPDATE


Nickel prices meanwhile fell 500 usd to 31250 usd a tonne, pressured by a rise in LME stockpiles this morning. Inventories were up 102 tonnes to 37308 ...
forbes.com

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Wednesday, 24 October 2007
 

LME copper steady, deficit data boosts lead


Steel-making raw material nickel was up $251 at $32001/32200 per tonne, while tin was down $50 at $16150/16300 per tonne.
africa.reuters.com

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Thursday, 18 October 2007
 

Base Metals Slide on Weak Housing Data


Nickel and zinc, which are used to coat steel, fell on the London Metal Exchange. Copper prices slipped in London and shed 4.6 cents to $3.595 a pound on ...
As Published by ap.google.com

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Saturday, 13 October 2007
 

BASE METALS: Consolidate, Underpinned By Weak Dollar


LME nickel peaked at $32780 a ton, up 8% from Monday, before giving back gains, while copper remained supported above $8100/ton. ...
fxstreet.com

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LME lead hits new high, seen rising


Users of steelmaking raw material nickel started reducing their consumption of the metal when it hit $50000 per tonne, though such a move was mooted when ...
africa.reuters.com

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Monday, 8 October 2007
 

Smart rise in nickel, tin and zinc prices


Elsewhere, copper and lead also edged up on mild industrial support. In LME, nickel ended at USD 31500/tonne, up USD 900, tin was up USD 530 at USD ...
outlookindia.com

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Saturday, 6 October 2007
 

Positive Metals Outlook Leading Into LME Week


As at the end of June next year it sees prices of $2470 for aluminium, $7270 for copper, $30860 for nickel, $3090 for zinc, $1980 for lead and $11680 for ...
fnarena.com

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Friday, 5 October 2007
 

LME copper creeps up; strikes, thin trade support


"Nickel seems to have established a new range with $30000 support and resistance at $34500. The market has recovered after its plunge and is now starting to ...
africa.reuters.com

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Tuesday, 2 October 2007
 

Speculators Corner LME Copper, Lead Stocks


"The copper price should have some bearing towards the physical market. But we know there can be some decoupling at times -- the nickel market being an ...
africa.reuters.com

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Mixed Trend In Metal Prices


While, tin, copper, brass utensils scrap, aluminium utensils scrap and lead moved up on good demand from industrial users. In LME, nickel was down by USD ...
outlookindia.com

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Copper Declines in Asia on Concern US Housing Slump Worsening


Among other LME-traded metals, nickel gained 0.5 percent to $32700 a ton, lead was up 1.3 percent to $3450 a ton, and tin dropped 0.7 percent to $15200 a ...
bloomberg.com

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Monday, 1 October 2007
 

Copper Gains in Shanghai on Strike Concern, Falling Stockpiles


Among other LME-traded metals, lead was 0.4 percent lower at $3460 a ton, nickel was 0.3 percent down at $33000 a ton and tin also fell 0.3 percent to ...
bloomberg.com

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Copper Rises in Asia on Concern Labor Disputes May Cut Supplies


Among other LME-traded metals, lead was 2.1 percent higher at $3430 a ton, nickel was up 1.4 percent at $32750 a ton, and tin didn't trade in Asia after ...
bloomberg.com

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Saturday, 22 September 2007
 

Nickel, Tin, Lead & Copper Rise On Firm LME Advice


Prices of nickel, tin, copper wire bars, lead, and brass scrap in ferrous and non ferrous metals today ruled bettter on reduced offers from ...
newkerala.com

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Surge Takes Index Almost Back To Record


Nickel for three-month delivery rose almost 10 per cent on the London Metal Exchange to $US33,800 a tonne. And copper futures gained 4 per cent, ...
theage.com.au

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Tuesday, 18 September 2007
 

Copper Wire Bars, Lead & Brass Rises On Firm LME Advice


Similarly, tin slab also was up by Rs five per kg in line with copper prices. Nickel cathode, however, declined by Rs 10 per kg due to weaker advice from ...
newkerala.com

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Monday, 17 September 2007
 

Copper Traders Pin Hopes On US Interest Rate Cut


Copper ended the week slightly up at $US7550 a tonne, with inventories down in Shanghai and at the London Metal Exchange. Nickel fought back with a second ...
theaustralian.news.com.au

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Saturday, 15 September 2007
 

DJ BASE METALS: Nickel, Lead Up With Further Short-Covering Seen


Nickel, lead and copper benefited from a short-coveringrally on the London Metal Exchange Friday, with further gains expected nextweek as traders said the ...
fxstreet.com

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Gold Prices Fall In Europe


Copper slides on weaker equities: London Metal Exchange copper prices slipped on Friday while nervous investors kept a close eye on equity markets, ...
dailytimes.com.pk

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Wednesday, 5 September 2007
 

UPDATE 6-Copper Down, LME Stocks Weigh On Aluminium


London Metal Exchange copper ended down on Tuesday after partially recouping early losses, following a rebound in ...
investing.reuters.co.uk

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Tuesday, 4 September 2007
 

Copper & Nickel Steady In US Holiday Lull


London Metal Exchange copper traded sideways on Monday with the US markets closed for holidays and nickel futures ...
investing.reuters.co.uk

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Sunday, 2 September 2007
 

Oil & Oilseeds Remain Low Over Speculative Buys


With the Nickel turning hot trading base metal on LME, Nickel Plate Russian and Inco, here jumped by Rs 70/75 per kg to Rs 1500/1510 and Rs 1600/1605 on ...
economictimes.indiatimes.com

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Saturday, 1 September 2007
 

Metals - Base Metals Slip After Large Increase In Copper and ...


Base metal prices slipped as a large increase in copper and nickel inventories at London Metal Exchange monitored warehouses ...
forbes.com

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Nickel,Copper Lead Gains Boosted By Fed Comments


Nickel and copper led London Metal Exchange prices higherFriday, as traders said prices rose ahead of comments from both the USFederal Reserve Chairman and ...
fxstreet.com

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Thursday, 30 August 2007
 

Surging Nickel Ore Imports


Shanghai copper prices moved generally in line with LME prices last week, although in recent weeks, there has been a noticeable narrowing of the ...
mineweb.net

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Monday, 27 August 2007
 

Asian Stocks Gain on Outlook for US Economy; Toyota Climbs


1 nickel producer, rose 2 percent to 2355 yen. A measure of six metals traded on the London Metal Exchange, including copper and nickel, added 0.8 percent ...
bloomberg.com

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Friday, 24 August 2007
 

DJ BASE METALS: Rally Sharply On Close In Line With US Stocks


LME zinc climbed 4% to touch $3100/ton, while LME nickel rose 3% with tinand copper both up 3%. LME lead regained the $3000/mark and aluminum was pulled up ...
fxstreet.com

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Thursday, 23 August 2007
 

Copper Rises in Asia as Fed Rate Cut Lessens Demand Concern


Among other LME-traded metals, tin gained 1.5 percent to $13700 a ton, and nickel traded 2.3 percent higher at $26600 a ton. To contact the reporter on this ...
bloomberg.com

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Saturday, 18 August 2007
 

Copper Snaps Three-Day Drop in London; Aluminum, Nickel Gain


Copper stockpiles tracked by the LME rose for a third consecutive day, gaining 1 percent to 120550 tons. Nickel gained $700 to $25800 tons. ...
bloomberg.com

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Gold, Oil Fall Alongside Stocks


Copper dropped sharply on the London Metal Exchange, as did aluminum, zinc, lead, nickel, and tin. "Industry news was bullish, though was totally ...
As Published by forbes.com

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Base Metals Bounce


Copper futures at the London Metal Exchange, often considered a key gauge of the real economy, were up almost 4 percent at $7005 per tonne. ...
dailytimes.com.pk

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Saturday, 4 August 2007
 

DJ BASE METALS:Pressured By Profit-Taking, Await Fresh Directiom


Profit-taking amid a lack of follow-through buyingpressured London Metal Exchange base metals Monday, as market players watchnewswires for fresh direction, market participants said.
fxstreet.com

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