Tag: cost squeeze
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LME base metals prices decline d-o-d; US, China extend tariff truce
Mitsubishi cuts copper processing amid profit squeeze Codelco boosts copper output as rivals face declines Base metals prices on the London Metal Exchange (LME) saw negative trends d-o-d, except nickel, which increased by 0.69% to $15,260/tonne (t). Meanwhile, inventories at LME-registered warehouses registered mixed movements d-o-d, with aluminium recording the highest decline of 1.12%. Domestic…