Tag: Middle East trade disruptions
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LME base metals show divergent trends; falling inventories support prices
Zinc leads LME gains as inventories continue to tighten Egypt’s new smelter project signals expansion in global aluminium capacity Base metals on the London Metal Exchange (LME) showed a mixed trend as of close on 7 May 2026, with gains in zinc, lead, and copper offset by declines in aluminium and nickel. Zinc emerged as…