Tag: India scrap market prices

LME base metals prices under pressure; macro risks, supply constraints drive market direction

Apr 22, 2026

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by

Pranjaly

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

Iran conflict impacts oil demand, long-term outlook firm Rising crude oil prices increase inflation pressure in India Base metals on the London Metal Exchange traded on the downside d-o-d on 21 April 2026, with most metals posting declines while zinc remained the only gainer. Lead recorded the sharpest fall, declining 0.53% to $1,964/t, followed by…