Tag: copper market outlook
-
Daily round-up: LME aluminium rises; Alunorte cuts alumina output
Tomago support package targets long-term power supply for aluminium smelter Geopolitical tensions lift oil and gold ahead of US CPI data LME base metals traded mixed on 11 August. Aluminium recorded the strongest gain, rising 1.39% d-o-d to $3,364/t, followed by nickel, which fell 0.56% to $16,830/t. Zinc slipped 0.24% to $3,729/t, lead edged higher…