Tag: US Iran tensions oil
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LME base metals slide d-o-d, Capstone copper restarts Mantoverde at partial capacity
Aluminium, copper extend declines on LME Oil prices tumble as US-Iran tensions ease Base metals prices on the London Metal Exchange (LME) traded broadly lower, reflecting a risk-off tone across the complex. Nickel saw the steepest decline, sliding 4.51% to $17,540/t, while aluminium fell 3.37% to $3,110/t. Copper prices eased 1.82% to $13,370/t, zinc declined…