Tag: Non-ferrous weekly round-up
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Weekly round-up: Domestic base metals prices defy global trends; Copper futures surge
After a two-week slump, LME base metals prices bounced back for the week ending on Friday, 16 February. Notably, copper prices witnessed a surge of 3.9%, likely due to a 4% drop in its inventories, suggesting potential scarcity. Meanwhile, lead stocks saw a notable increase of over 17% to reach 177,575 t, with zinc following…