Tag: China industrial profits decline

Weekly round-up: Domestic base metals markets largely muted; LME prices remain firm

Dec 28, 2024

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by

Manya Dewangan

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

Imported aluminium scrap prices steady China’s industrial profits drop slows At close of trading on Friday, 27 December 2024, base metals prices on the London Metal Exchange (LME) showed an uptrend, with zinc increasing by 2.16% w-o-w. Meanwhile, LME warehouse stocks also exhibited mixed trends, with zinc showing the highest decline of 5.06% w-o-w. On…