Tag: impact of geopolitical tensions on metals

Inventory drawdowns tighten global base metals supply Domestic scrap markets firm amid supply constraints  LME base metals trended higher w-o-w as of 10 April, supported by improved sentiment across the complex. Copper led gains, rising 2.59% to $12,553/t, followed by zinc rising 1.51% to $3,285/t, aluminium up 0.93% to $3,457/t, nickel up 0.85% to $17,205/t,…