Tag: global copper supply shortage
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LME base metals futures inch up d-o-d; AAI seeks 15% aluminium import duty to curb dumping
Japan’s factory activity shrinks to 19-month low in Oct Glencore mulls closure of Canada’s top copper smelter Base metals prices on the London Metal Exchange (LME) inched up d-o-d, with zinc increasing by 1.46% to $3,100/tonne (t). Meanwhile, inventories at LME-registered warehouses registered negative movements, with zinc recording the highest decline of 4.18%. Domestic market…