Tag: Indonesian nickel production cut

Weekly round-up: Base metals prices on LME rise w-o-w; domestic market sees mixed movements

Jan 11, 2025

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by

Manya Dewangan

in Aluminium, Copper, Lead, Non Ferrous, Zinc

LME nickel rises as Indonesia proposes 40% output cut Imported aluminium scrap drops 2.5% w-o-w in India At the close of trading on Friday, 10 January 2025, base metals prices on the London Metal Exchange (LME) showed positive trends, with nickel increasing by 3.62% w-o-w. Meanwhile, LME warehouse stocks exhibited negative trends, except for nickel,…