Tag: first time in 5 years Uncertainty over inflation Caution on further ECB moves Economic trends

Base metals prices on LME witnessed mixed trends. The highest gain was seen in zinc, up 3%. Meanwhile, stock movements remained largely stable. Rio Tinto will acquire Mitsubishi Corp’s 11.65% stake in Boyne Smelters (BSL), boosting its interest to 73.5%. Mitsubishi is reshuffling its aluminium portfolio. China’s affordable housing plan may not aid developers much…