Tag: Iran war
-
LME base metals prices soften despite stock drawdowns; premiums stay elevated
Iran war reroutes aluminium flows; Europe premiums jump Tariff play revives Comex pull, squeezing copper availability Base metals prices on the London Metal Exchange (LME) traded lower on 27 May 2026. Copper recorded the steepest fall of 0.68% d-o-d to $13,531/t, followed by zinc, which declined 0.58% to $3,513/t. Lead slipped 0.45% to $2,006/t, while…