EUROPEAN MORNING BRIEF 24/10: SHFE base metals up across the board; ferro-vanadium prices up in EU, US; US secondary Al alloy prices steady

Date: Oct 24, 2018

ood morning from Fastmarkets MB’s offices in Asia as we bring you the latest news and pricing stories on Wednesday October 24.

Base metals prices on the Shanghai Futures Exchange were all up during Asian morning trading on Wednesday, with the complex benefitting from a softening in the dollar overnight and positive sentiment stemming from a stronger showing in China’s equities market.

Check Fastmarket MB’s live futures report here.

London Metal Exchange, base metals prices

Shanghai Futures Exchange, base metals prices

The price of ferro-vanadium continued to become firmer in the United States and Europe in the week ended Friday October 19, but both of those major markets continued to lag behind the price in the premium Chinese market.

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