Scrap Metal Prices and Scrap Metal Auctions

London Metal Exchange 2009 seminar Information
Building on last year’s record attendance with over 500 delegates from around the world, the 2009 LME Metals Seminar will be held on Monday 12 October 2009 at the Queen Elizabeth II Conference Centre, Westminster, London.
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About LMElive
LMElive is the London Metal Exchange’s own real time price and data service, designed to provide a comprehensive view of trading on the LME.
Access LMElive prices in minutes with quick and easy online sign up.
This powerful data product has additional features including:

LME non-ferrous, steel billet, plastics prices and report data 4
LMElive anywhere for full [...]

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Members of the London Metal Exchange steel committee met for the first time on March 16 and reviewed progress made in the LME billet contracts.
Turnover since the contracts’ launch in February 2008 now totals 1.3 million tonnes, or $679 million, with volumes increasing progressively since December.
Of significant importance is the decision by leading price providers [...]

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Base metals
Base metals fell sharply in the last week as the financial market mood continues to remain weak on concerns that the world economies are sinking into an intensifying recession. The current crisis is expected to continue well into 2009 as much the developed world is expected to remain in recession.
Since the developed countries [...]

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LME base metal prices rebound slightly last Friday -
LME base metals prices all rebounded slightly last Friday as investors enter the market, except for tin price.
Tin price dropped by 3.3 percent to US$13,000/ton, and had decreased by 38 percent since June. Copper price increased by 3 percent to US$4,810/ton. Lead price saw an increase of [...]

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Current LME Prices for:
LME Copper, LME Warehouse Stocks, LME Aluminum LME Lead, LME Zinc, LME Tin,  and LME Nickel can be found at this website on the LME Price Page or http://www.scrapmetalpricesandauctions.com/lme .  The webpage provides updated price charts for all the metals listed above.

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The LME steel billet contracts have reached a double milestone with a turnover exceeding quarter of a billion USD ($250m), and over 260,000 metric tonnes or 4,000 lots traded.
21 members of the Exchange have now participated in trading the contract that only began cash trading on the 24 July 2008. Since the introduction of cash [...]

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Industrial slackness from major base metals consuming countries have hit the prices hard. Demand from the powerhouse China have been quite low in past few months while UK and US are facing worst economic slowdown. Recently the bankruptcy of Lehman and the announcement of sale of Merrill Lynch sent jitters in the financial system.
Lack of [...]

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LME Metals Seminar
Monday 13 October 2008
The LME Metals Seminar brings together key members of the metal industries in London each October for an update on the latest developments and a view of the year ahead. The seminar is an excellent opportunity to meet and network with key decision makers from around the world.
Check [...]

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LME aluminum falls as stocks surge
London Metal Exchange base metals prices decreased last week, except for lead.
The stocks of aluminum on the LME increased to some 1.12 million tons due to the weak demand from US automobile industry. The stock level is the highest level since May, 2004. Therefore, the three month price of [...]

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