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| Monday Market Monitor - Metals - WEEK 05 - Recovery on weekend - 06 Feb, 2012 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Base metals at LME feel last week ahead of a key US jobs report that could shed more light on the pace of US economic growth. But they recovered a bit on Friday after a sharp improvement in the job market and higher factory orders raised hopes for stronger demand. That ended an erratic week of small losses as investors looked for clues about what's ahead for the global economy. The government said 243,000 jobs were added in January across a broad array of industries. Manufacturing alone added 50,000 jobs, the most in a year. Januarys unemployment rate dropped to 8.3 percent and factory orders rose 1.1 percent in December. Separately, a trade group said service companies grew at the fastest pace in 11 months in January as companies hired workers to keep up with demand. The data pointed to an improving US economy. London Metal Exchange Rates (Upto Thursday) Cash Buyer
Change is on Feb 2nd as compared to 26th Jan 2012 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 If volatility in steel prices is affecting your business, keep tab on market realities and trends by subscribing to www.steelprices-india.com, which is a comprehensive portal that provides domestic pricing information for benchmark steel products in each category at select location in India on a regular basis 5 days a week and international price levels on a weekly basis. Products covered 1. Input materials - Iron ore, scrap, sponge iron, pig iron pencil ingot, billets and blooms 2. Long products - Rebar, wire rod, angle, channel and joists 3. Flat products - Narrow plates, wide plates, HR, CR and galvanized 4. Others - Pipes How to subscribe 1. Register at www.steelprices-india.com and pay on line or ask for invoice 2. Send mail to admin@steelprices-india.com. 3. Call at 0091-124-3007891/2/3 (Sourced from www.steelprices-india.com) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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