Tag: aluminium tense scrap price India
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LME base metals trade mostly lower d-o-d; aluminium gains while inventories decline
LME aluminium up 1.92% despite weaker sentiment Rio Tinto flags smelting pressure, Kennecott partly shut Base metals on the London Metal Exchange (LME) traded mostly lower on a d-o-d basis as of close of trading on 24 March, reflecting weaker market sentiment. However, aluminium bucked the trend, rising 1.92% to $3,261/t. Zinc declined 1.17% to…