Tag: base metal market India
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Weekly round-up: LME base metals rise w-o-w; Indian scrap markets mixed
Global aluminium output up 1.1% y-o-y Refined copper production rises 4.4% y-o-y London Metal Exchange (LME) base metal prices mostly traded higher on a week-on-week basis in the week ended 27 December. Aluminium prices inched up by 0.53% w-o-w to $2,961/t, while LME stocks rose slightly by 0.28% to 521,050 t. Nickel recorded the strongest…