Tag: metals market outlook

LME metals edge lower; Hormuz tensions affect global energy markets

Mar 16, 2026

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by

Pranjaly

in Aluminium, Copper, Lead, Nickel, Non Ferrous, Zinc

LME aluminium drops 2.19% while copper falls by 1.68% Brent near $104/bbl as Middle East tensions raise market volatility Base metals on the London Metal Exchange (LME) traded lower d-o-d on 16 March 2026, weighed down by weak market sentiment and profit-taking. Aluminium declined 2.19% to $3,440/t, while zinc slipped 0.17% to $3,296/t. Lead fell…