Base metals prices on the LME remained range-bound d-o-d, with zinc gaining the highest, 1.33% to $2,658/t. Meanwhile, inventories at LME-registered warehouses declined for all commodities, barring nickel. Copper saw the steepest outflow of over 6% to 107,325 t. Additionally, BigMint assessed domestic copper armature scrap at INR 805,000/t ex-Delhi. Aluminium Tense scrap edged up d-o-d, with ex-Delhi at INR 197,000/t and ex-Chennai at INR 198,000/t.
Base metal prices on LME remain range-bound d-o-d, copper stocks decline over 6%
aluminium tense scrap base metals prices BigMint metal assessment Chennai scrap prices copper armature scrap copper scrap Delhi copper stock outflow Delhi scrap market India metal market update industrial metal trends LME BASE METALS LME Copper LME copper inventory LME Zinc metal inventory movement nickel inventory non-ferrous metals India zinc price rise
Leave a Reply