TASS/. The price of aluminum on London Metals Exchange (LME) decreased below $2,400 per ton for the first time since January 9, 2023, according to trading data as of 9:03 a.m. Moscow time.
Copper dropped sharply and aluminium and nickel were both lower with the stronger U.S. dollar following Trump’s win in the U.S. elections shaping sentiment in the base metals market, Sucden Financial ...
The non-ferrous metal touched a high of $2,999.25/tonne on the LME during intraday and was 4.09 percent away from the all-time high of $3.076, it touched on May 3, 2008. Limited output from major ...
Base metals continued to weaken on the stronger dollar and disappointing stimulus measures from China, Sucden Financial said, adding that the greenback looks overbought and could weaken in the coming ...
Copper prices have risen due to the recent U.S. interest rate cut and increased demand in China, driven by stimulus measures and seasonal consumption. The London Metal Exchange and Shanghai ...
The EU Carbon Border Adjustment Mechanism-related requirement only applies to LME-braded aluminum and aluminum alloys, starting in mid-2025. “Future metal owners will be able to receive and view ...
Demand from the new energy vehicles, solar, wind and China's grid investment remains resilient; and copper is also benefiting from high-growth industries such as the data centres for AI and defense ...