FT Mercati · London Metal Exchange

Commodity prices: metals, alloys, scrap, energy

LME metals, Milan indexes, alloys, scrap, ferroalloys, energy, freight and currencies: official prices of the previous session on this site, real time on the platform for subscribers.

The latest official LME prices

The official prices (Official Cash, offer side) of the six London Metal Exchange base metals in the latest published session, in US dollars and euros per tonne, converted at the LME exchange rate of the same session.

Session of November 9, 2026
Metal USD/t EUR/t
Copper 14,030 12,536
Aluminium 3,147 2,812
Nickel 16,190 14,466
Lead 1,854 1,657
Tin 46,350 41,414
Zinc 3,754 3,354

On this site we publish the prices of the previous session, as the LME does on its own website. Prices of the current session, in real time, are the service reserved for FT Mercati subscribers, for all the markets on this page.

Try real-time prices for free

Raw materials play a crucial role in the global economy and form the basis for the production of various industrial and consumer products. Among the most significant raw materials are industrial metals, alloys, scrap and ferroalloys.

Industrial Metals

industrial metals are materials widely used in the production of goods and services. Among the most common are Iron, Aluminium, Zinc, Copper, Nickel, Lead and Tin. Industrial metal prices depend on various factors, including supply and demand, global economic conditions and currency fluctuations.

Alloys

alloys are mixtures of two or more metals or of a metal with other elements. They often possess superior properties compared to individual metals. The prices of alloys vary according to their specific composition and demand in sectors such as automotive, aeronautics and construction.

Scrap

scrap is recycled metal material from industrial waste, demolition or the circular economy. Scrap prices are influenced by factors such as availability, purity of the material and demand from steel mills and foundries.

Ferroalloys

ferroalloys are alloys of iron with other elements such as manganese, chromium or nickel. Ferroalloy prices are closely linked to steel production and metal price fluctuations.

FT Mercati specialises in providing real-time data and analysis of ferrous and non-ferrous metals, alloys, scrap and ferroalloys.

Commodity prices: frequently asked questions

Where can I find real-time commodity prices?
On the FT Mercati platform, reserved for subscribers: LME metals with all prompt dates, Milan indexes, alloys, scrap, ferroalloys, energy, freight and currencies, with charts and history, on the web and in the app. The public site shows prices of the previous session. The service can be tried for free.
Which prices are free on the site?
The official LME prices of the six base metals for the previous session, in US dollars and euros, with a chart of the latest sessions, plus guides, market news and pages explaining how prices are formed. Prices of the current session are reserved for subscribers.
What are LME prices?
They are the prices of the London Metal Exchange, the world reference exchange for copper, aluminium, zinc, nickel, lead and tin. The price that counts for supply contracts is the Official Cash, set every trading day in the midday session and quoted in US dollars per tonne.
Why is the exchange price different from the price I pay?
Because the regional physical premium, the conversion into euros, the product shape and the delivery terms are added to the exchange price. For non-ferrous metals and alloys on the Italian market, FT Mercati also publishes the Milan indexes, euro references that include premiums.
Which exchange rate is used to convert prices into euros?
The EUR/USD rate recorded at the LME in the same session as the price: never one day's price with another day's rate. It is the rule FT Mercati applies to every conversion on the site and the platform.
Which commodities does FT Mercati cover?
LME non-ferrous metals, Milan indexes for metals and alloys, scrap, ferroalloys, steel products, precious metals, electricity and gas, oil, sea freight, currencies, paper and plastics, plus millions of series of fundamental data for Europe, the United States and China.

Would you like to discuss this with one of our FT Specialists?

FT Mercati services can be tried free of charge for 15 days, with no obligation. Fill in the form and we will get back to you as soon as possible.