Tag: base metals bearish trend

Weekly round-up: LME base metals see sharp correction; India scrap prices weakens

Mar 23, 2026

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by

Aditi Sen

in Aluminium, Non Ferrous

Weak LME trends pressure India scrap markets Copper scrap prices drop amid weak demand LME base metals showed negative trends on a w-o-w basis in the week ended 21 March 2026, reflecting volatile and cautious market sentiment across the complex. Aluminium prices on the LME plunged over 8% on 19 March 2026–the steepest drop since…