Tag: LME base metals surge on tight supplies

Nickel strengthens despite marginal inventory build EGA-Century deal targets US aluminium revival Base metals prices on the London Metal Exchange (LME) rose sharply on 27 January, with broad-based gains across the complex. Aluminium prices climbed 1.77% to $3,189/t, while LME stocks declined 0.79% to 505,275 t, pointing to continued inventory drawdowns. Nickel also strengthened, rising…