Tag: Iraq oil production cut

LME base metals strengthen; aluminium surges to 4-year peak

Mar 5, 2026

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by

Aditi Sen

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

Bahrain force majeure lifts aluminium prices Hydro begins Qatalum production shutdown Base metal prices on the London Metal Exchange (LME) closed mostly higher on 4 March 2026, supported by strong gains in aluminium and nickel, while copper recorded a marginal decline. Aluminium surged 4.63% to $3,343/t, with inventories declining 0.86% to 461,550 t, indicating continued…