Tag: metals market weekly update

Weekly round-up: LME base metals show mixed trends; Indian scrap prices strengthen

Jan 31, 2026

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by

Aditi Sen

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

Hindalco accelerates aluminium capacity expansion plans Glencore copper output declines amid operational challenges London Metal Exchange (LME) base metals prices showed mixed trends over the week ended 31 January 2026, reflecting varied supply-demand dynamics and inventory movements across the complex. Aluminium prices declined 2.05% w-o-w to $3,110/t despite a 2.28% drop in LME stocks to…