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1.Goldman Sachs raises 2026 average nickel price forecast 2.Molybdenum prices soaring, driving surges in 316L stainless steel in China 3.India & China drive surge in global coal-based steel production 4.Molybdenum price surge drives 316 stainless steel prices in China 5.Baker Hughes: US & Canada’s rig counts hike w-o-w for week ending May 8

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Indonesian nickel pig iron output cuts push LME nickel above $18,800

20 May 2026 16:44

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Federal court rejects Trump’s 10% global tariffs
  • Government Policies
  • 12 May 2026 16:04
US finalizes AD rates for South Korea’s cut-to-length carbon-quality steel plates
  • Government Policies
  • 12 May 2026 16:03
Brazil increases AD duties on China’s magnesium ingots
  • Government Policies
  • 12 May 2026 16:00
South Korea starts AD investigation on China’s steel bars and rods
  • Government Policies
  • 11 May 2026 16:42
US launches third AD & CVD sunset review on China’s steel grating
  • Government Policies
  • 11 May 2026 16:42
Mexican government seeks path to increase domestic steel production as steel sector faces lowest production level in 20 years
  • Government Policies
  • 8 May 2026 14:40
UK slashes electricity costs for over 10,000 manufacturers
  • Government Policies
  • 8 May 2026 14:24
Australia imposes CVD on China’s steel corner beads and angles
  • Government Policies
  • 8 May 2026 14:14
Australia imposes 27.8% AD duty on steel corner beads and angles from China
  • Government Policies
  • 8 May 2026 14:13
Australia sets CVD rates on hot rolled coil steel imports from China
  • Government Policies
  • 7 May 2026 14:05
Australia confirms AD duties on China’s hot rolled coil steel
  • Government Policies
  • 7 May 2026 14:05
US maintains AD & CVD duties on non-oriented electrical steel imports from 6 nations
  • Government Policies
  • 7 May 2026 13:47
US initiates CVD probe on Algeria’s carbon and alloy steel wire rods
  • Government Policies
  • 7 May 2026 13:46
US launches AD & CVD investigations on OCTG from 3 countries
  • Government Policies
  • 7 May 2026 13:46
US maintains AD duties on PC strand imports from 15 countries
  • Government Policies
  • 6 May 2026 15:07
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Metal Price Index

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LME Official Bid Price

  • USD / MT
  • Cash
  • 3 Months
  • Zinc
  • 3,515.00
  • 3,527.00
  • Aluminum
  • 3,664.00
  • 3,611.00
  • Copper
  • 13,409.00
  • 13,480.00
  • Nickel
  • 18,790.00
  • 18,990.00

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