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| Monday Market Monitor - Metals - WEEK 11 - Bullish despite Chinese threat - 22 Mar, 2010 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Base metal prices remained on positive trend last week despite pressure from a stronger dollar and fears that potential further monetary tightening in China could cap demand of metals. The euro weakened against the dollar as uncertainty grew over a resolution to Greece's debt problems and the US dollar moved up. Fears of further moves by China to tighten credit have contributed to jitters in equity and commodity markets across the globe. Sparking expectations for brighter demand prospects outside China was US data showing a gradual improvement in the labor market, where the number of workers filing new jobless claims fell slightly last week. London Metal Exchange Rates Cash Buyer
Change is on March 18th as compared to March 11th 2010 In USD per tonne 1. Zinc London Metal Exchange Rates Cash Buyer
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In USD per tonne 2. Nickel London Metal Exchange Rates Cash Buyer
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In USD per tonne 3. Tin London Metal Exchange Rates Cash Buyer
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In USD per tonne 4. Aluminium London Metal Exchange Rates Cash Buyer
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In USD per tonne 5. Copper London Metal Exchange Rates Cash Buyer
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In USD per tonne To know more details on steel and metal prices subscribe to services of www.steelprices-india.com by registering or sending a mail to admin@steelprices-india.com with contact details. This is a paid service with subscription fee of INR 60,000 plus ST for 12 months. This will keep you in tune with daily happenings in Indian and global steel markets for steel prices. Tailor made package with restricted access to match your needs at lower prices are also available. (Sourced from www.steelprices-india.com) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| International News | ||
 | HRC steel import threat re emerges on the Indian horizon | |
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| GC steel HDG price movement on February 6 | |
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| Chinese domestic steel beam price update on February 04 | |
