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- LME Aluminum 3M Select trades $36 higher to $3122
- LME Copper 3M Select trades $141 higher to $13136.5
- Copper demand in China is expected to fade amid the Lunar New Year. The holiday begins next Monday and officially ends on February 23, but the demand drop should begin this week. Extended shutdowns over the course of the holiday could dent the markets recent momentum.
- CME HRC Steel last traded at $978 and $1 higher
Price Indications
Today's Charts
Metals Factor Matrix
AEGIS Factor Matrices: Most important variables affecting metals prices
Important Disclosure: Indicative prices are provided for information purposes only, and do not represent a commitment from AEGIS Hedging Solutions LLC ("Aegis") to assist any client to transact at those prices, or at any price, in the future. Aegis makes no guarantee to the accuracy or completeness of such information. Aegis and/or its trading principals do not offer a trading program to clients, nor do they propose guiding or directing a commodity interest account for any client based on any such trading program. Certain information in this presentation may constitute forward-looking statements, which can be identified by the use of forward-looking terminology such as “edge,” “advantage,” “opportunity,” “believe” or other variations thereon or comparable terminology. Such statements are not guarantees of future performance or activities.