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WEEKLY: Base metals prices exhibit mixed trends w-o-w

Source: Steelmint May 24, 2022 08:30
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Base metals prices on the London Metal Exchange (LME) were mostly up w-o-w last week. Chinese officials' announcement of the gradual unlocking of regions such as Shanghai also spurred base metal prices higher.
  Aluminium prices up on strong LME prices   Indian domestic base-metals market was influenced by LME's three-month prices and the uptrend in upstream industries.   SteelMint's price assessment for aluminium tense scrap stood at INR 163,000/t ($2,095/t), rising by INR 2,000/t ($26/t) w-o-w exy-Delhi. Also, better transactions were seen following strengthening exchange prices

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