Base metals slid as prices largely moved according to their own trends rather than being influenced by macroeconomic or political events, Sucden Financial said.
Metal prices rose, with aluminum’s gains reflecting unconfirmed reports that the European Commission intends to propose a ban on the import of Russian aluminum, MUFG said.
Meanwhile, LME aluminum prices continued to trend sideways during the first half of January. The aluminum market remained uncertain during the first few weeks of the new year. Less than a week ...