Tag: base metals outlook India

Weekly round-up: LME base metals rally w-o-w; Indian scrap markets mixed

Jan 10, 2026

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by

Aditi Sen

in Aluminium, Aluminium, Copper, Lead, Nickel, Non Ferrous, Non Ferrous, Zinc

NALCO raises aluminium ingot prices LME nickel nears 14-month high London Metal Exchange (LME) base metals prices traded higher on a w-o-w basis as of 10 January 2025, supported by broad-based gains across the complex amid mixed inventory movements. Aluminium prices rose 4% w-o-w to $3,136/t, while LME stocks declined 2.24% to 497,825 t, signalling…