Tag: nickel market update

LME base metals strengthen as nickel surges, copper extends gains

Dec 31, 2025

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by

Prerana Rout

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

Domestic aluminium scrap prices remained largely stable Mercuria secured full 2026 Ellatzite copper concentrate offtake Base metals prices on the London Metal Exchange (LME) strengthened on 30 December, with broad-based gains recorded across aluminium, nickel, copper, zinc, and lead. Aluminium prices rose 0.95% to $2,980/t, supported by improved sentiment, while nickel surged 6.41% to $16,828/t,…