Tag: metal prices today
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Daily round-up: Zinc leads LME gains; Europe’s alumina sanctions tighten supply outlook
Europe’s alumina sanctions reshape global trade. Indonesia resumes mineral exports after easing restrictions. LME base metals traded mixed on 05 August. Zinc recorded the strongest gain, rising 1.51% d-o-d to $3,729/t. Aluminium followed with a 0.56% increase to $3,241/t, while lead posted the steepest decline, slipping 0.55% to $1,886/t. Meanwhile, nickel edged lower by 0.46%…