Tag: daily metals market news
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LME base metals prices decline d-o-d, supply concerns ease across metals complex
Nickel slides on weaker market sentiment Macro and supply signals weigh on sentiment Base metals prices on the London Metal Exchange (LME) retreated on 21 January, with losses seen across the complex. Aluminium prices fell 1.61% to $3,108/t, while LME stocks declined 0.41% to 483,000 t, pointing to continued inventory drawdowns. Nickel also weakened sharply,…