Tag: macro factors affecting metals market
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LME base metals trade mixed; tightening supply, geopolitical shocks steer markets
Energy supply concerns persist despite US-Iran ceasefire Rusal to reroute aluminium to Japan amid supply disruptions Base metals prices on the London Metal Exchange (LME) traded mixed d-o-d as of close on 08 April, with selective strength across the complex. Copper recorded the strongest gain, rising 3.22% to $12,709/t, followed by nickel, which increased 2.09%…