Tag: India metals demand
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Daily round-up: LME base metals trade mixed; global aluminium surplus tempers energy cost pressures
Middle East tensions lift oil and aluminium cost concerns China’s copper cathode imports fell by 16% in July LME base metals traded mixed on 20 August. Zinc recorded the strongest gain, rising 1.38% d-o-d to $3,760/t, while nickel registered the steepest decline, falling 1.36% to $16,880/t. Lead advanced 0.74% to $1,902/t, while aluminium slipped 0.71%…