Tag: LME base metals gain d-o-d led by nickel rally; inventories mixed

Indian copper scrap prices rise marginally Nanshan Aluminium doubles Southeast Asia alumina capacity Base metals prices on the London Metal Exchange (LME) mostly moved higher on 23 December, led by a sharp rally in nickel, while aluminium edged slightly lower. Nickel prices jumped 3.03% d-o-d to $15,739/t, extending strong bullish momentum. Copper also recorded solid…