Base metals prices on LME majorly down, stocks see varied trends

  • Base metals prices on LME were down majorly at yesterday’s closing with the highest drop seen in aluminium. Meanwhile, India’s domestic market witnessed mixed trends yesterday.
  • Euro zone manufacturing declined in April, with France and Italy worsening, while Spain’s activity surged. Germany improved slightly.
  • Nyrstar’s Budel zinc smelter in the Netherlands resumed operations amid improved market conditions. Zinc market buoyed by investment influx.