Tag: Daily round-up: Base metals weaken; oil steadies on supply concerns

Chinese smelters reject Antofagasta’s spot pricing proposal India opposes EU aluminium scrap export restrictions Base metals on the London Metal Exchange (LME) traded mostly lower on 29 June 2026, with aluminium leading declines with fall of 2.89% d-o-d to $3,088/t, followed by nickel, which declined 2.32% to $16,311/t. Copper also eased 0.59% to $13,279/t, while…