Tag: base metals market update
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Base metals fall, but aluminium rises on supply concerns
Base metals futures on the London Metal Exchange (LME) and Shanghai Futures Exchange (SHFE) moved down by up to 4.33% on 17 August. However, aluminium was an exception as it rose by 0.79% and 0.49% respectively after Norsk Hydro’s Slovalco – one of the world’s renowned primary producers – announced that it would stop primary…