Tag: geopolitical oil pressure

LME base metals prices remain range-bound d-o-d; copper climbs up as tariff tensions escalate

Jul 30, 2025

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by

Aditi Sen

in Aluminium, Copper, Lead, Nickel, Non Ferrous

Indian aluminium, copper scrap prices hold firm Oil prices steady as US-Russia tensions intensify Base metals prices on the London Metal Exchange (LME) remained range-bound d-o-d, with aluminium decreasing by 0.99% to $2,606/tonne (t). Meanwhile, inventories at LME-registered warehouses also registered varied movements d-o-d, with zinc recording the highest decline of 2.90%. Indian market overview…