Tag: India QCO withdrawal

Weekly round-up: Global base metals prices show mixed trends w-o-w; Indian scrap markets move narrowly

Nov 15, 2025

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by

Aditi Sen

in Aluminium, Copper, Lead, Nickel, Non Ferrous

India withdraws major QCOs to ease sourcing US aluminium premiums surge on tariff hikes At the close of trading on 14 November 2025, base metals prices on the London Metal Exchange (LME) showed mixed trends w-o-w, with lead witnessing a gain of 1.76% to $2,053/tonne (t). Meanwhile, LME warehouse stocks exhibited divergent trends, with zinc…