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Steel & Metal
- United Kingdom -

Steel and Base Metals Prices Show Mixed Movement on August 15

Global metal markets experienced varied price movements on August 15, 2025, according to data from multiple sources. The London Metal Exchange (LME) saw aluminum prices decline, with the cash price falling by $17.5, or 0.67%, to $2,607.5 per tonne. This drop occurred as LME opening stocks for aluminum increased to 479,675 tonnes, a rise of 1,050 tonnes from the previous day. In the steel market, the benchmark price held steady at $3,188.00 per tonne, showing a 3.34% increase over the past month. Copper experienced a slight dip of 0.33% to $4.46 per pound, while tin and nickel also saw declines. Iron ore futures, however, maintained stability, largely buoyed by improving sentiment in China's steel market despite ongoing concerns in the country's property sector. The overall market shows a complex picture with some metals facing downward pressure while others, particularly those tied to China’s industrial sentiment, exhibit resilience.

Iron ore futures extend gains as China outlines stricter steel capacity controls

Baosteel Q3 net profit jumps 130% on demand recovery and resilient exports

LME proposes permanent curbs on large nearby positions amid depleted stocks, zinc squeeze

China lifts curbs on Hancock Prospecting’s MB fines purchases, easing iron ore trade friction

China’s CISA mills lift early‑October crude steel output 7.5%; inventories also climb

India’s steelmakers seek relief from import curbs as H1 met coke shortfall widens

China iron ore futures slip; Tangshan concentrate prices steady amid tight supply

Indonesia suspends all scrap metal imports after radioactive contamination detected

Serbia asks EU to exempt it from proposed new steel tariffs and quota cuts

U.S. judge signals approval of Rio Tinto’s $138.75 million Oyu Tolgoi investor settlement

Rio Tinto says strong Q4 needed to hit iron‑ore target after Q3 shipments of 84.3 mt; China demand firm

ArcelorMittal’s M&A chief in South Africa for talks on sale of local unit, sources say

EU plan to halve steel import quotas and double out‑of‑quota tariff to 50% raises Indian export risk

Copper tops $11,000/t on LME as supply disruptions and fund buying lift prices