Tag: us fed rate cut metals impact
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LME base metals prices remain range-bound d-o-d; BHP, Lundin commit $400 Mn to Argentina copper project
Aluminium prices rally on tight supply, Fed rate cuts Copper futures rebound on Chinese restocking demand Base metals prices on the London Metal Exchange (LME) remained range-bound d-o-d, with zinc decreasing by 0.92% to $2,917/tonne (t). Meanwhile, inventories at LME-registered warehouses registered mixed movements d-o-d, with aluminium recording the highest gain of 6.23%. Domestic market…