Tag: Hormuz tensions

LME base metals diverge d-o-d with zinc leading upside momentum

May 13, 2026

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by

Pranjaly

in Aluminium, Copper, Lead, Nickel, Non Ferrous, Zinc

EU carbon rules slash India aluminium shipments 42% y-o-y Iran-Hormuz tensions intensify global energy supply concerns Base metals prices on the London Metal Exchange (LME) showed a mixed trend on 12 May 2026, with gains in copper, zinc, and lead offset by declines in aluminium and nickel. Zinc recorded the strongest gain among major metals,…