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Three-month prices for base metals on the London Metal Exchange all rose at the 5pm close of trading on Tuesday November 1, with nickel’s price increasing by 8.2%
Seven key talking points across the aluminium supply chain ahead of Fastmarkets’ annual Aluminium Conference, taking place in Barcelona, Spain, on September 13-15
Nickel prices on the London Metal Exchange had fallen by 4% at the 5pm close of trading on Friday March 25, after another week of disruptions.
The benchmark aluminium premium in the United States returned to its recent peak, amid rising offers to consumers and bullish sentiment in the US, after Australia banned sales of alumina to Russia.
Tin’s three-month price neared yet another all-time peak at $35,795 per tonne on Wednesday August 11 on the London Metal Exchange. Most other base metals, copper being the sole exception, were also up while the US Dollar Index pulled back slightly.