Tag: copper smelter cuts
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Daily round-up: LME base metals decline; non-ferrous scrap prices in India show mixed trends
Chinese copper smelter maintenance could tighten refined metal supply Rio Tinto commits $1.9 billion to Queensland bauxite expansion LME base metals traded lower on 22 October. Zinc recorded the steepest d-o-d decline, falling 2.24% to $3,671/t, followed by copper, down 1.94% to $14,078/t. Aluminium slipped 1.05% to $3,010/t, while nickel declined 0.70% to $16,120/t. Lead…