- Base metals prices on LME witnessed mixed trends as of the last closing. The highest gain was seen in aluminium – 1.5%. Meanwhile, stocks witnessed outflows barring copper.
- China’s industrial firms saw a 4.3% profit increase in the first four months, mirroring the first quarter’s rise.
- Grupo Mexico’s Asarco plans to restart copper smelter in the U.S. amid record-high prices, aiming to meet increasing demand.
