Tag: LME metals post gains d-o-d; domestic scrap firm while oil slips on ceasefire hopes

Domestic copper scrap prices rise d-o-d Oil dips on Ukraine-Russia ceasefire expectations Base metals prices on the London Metal Exchange (LME) showed positive trends d-o-d, with aluminium increasing by 2.16% to $2,861/tonne (t). Meanwhile, inventories at LME-registered warehouses witnessed positive movements, with zinc recording the highest gain of 4.01%. Domestic market overview In India’s non-ferrous…