SteelMint

Tag: LME inventory drawdown

  • LME aluminium prices correct w-o-w despite tight inventory levels

    LME aluminium prices correct w-o-w despite tight inventory levels

    —

    by

    Pranjaly
    in ,

    Profit-booking pressures aluminium prices lower Falling inventories limit downside in aluminium market Benchmark aluminium prices on the London Metal Exchange (LME) edged down by 0.33% w-o-w in the week ended 8 May 2026, reflecting cautious market sentiment amid continued inventory drawdowns and stable supply conditions Pricing, inventory trends LME aluminium prices averaged around $3,533/t during…