Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

MYSTERIOUS: The london metal exchange | Mind Blowing Facts

Aluminium hits four-year high on renewed Middle East supply risks

Benchmark aluminium on the London Metal Exchange traded 0.5% higher at $3,685 a metric ton in official rings. Earlier, it touched $3,707.50 to match ‌a level hit ⁠on ⁠May 26 for its highest point since March 2022.

The Economic Times

Copper hits one-week low as Middle East escalation clouds growth outlook

Copper prices dropped to a one-week low on Thursday as renewed Middle East tensions boosted the dollar and oil, sparking inflation and slowdown fears. U.S. strikes targeting an Iranian drone operation in the Strait of Hormuz contributed to market unease. Base metal prices are expected to trade sideways pending a…

The Economic Times

Hindalco, Nalco shares jump up to 5% after aluminium prices hit 4-year high. Where is metal headed?

Hindalco and Nalco shares climbed as aluminium prices hit a four-year peak. Geopolitical tensions in Iran and possible production curbs in China, the world's top producer, are driving the rally. Traders are concerned about China's review of energy consumption and emissions. This situation tightens global supply, benefiting Indian aluminium producers.…

The Economic Times

From analysis to the latest developments in health,
read the most diverse news in one place.

London metals index at record high amid aluminium supply squeeze fear

The London Metal Exchange’s benchmark has climbed to a fresh record as aluminium prices surge on fears of a severe and lasting shortfall in global supply following disruptions in the Middle East.

Euronews

Copper records biggest annual gain since 2009 on supply bets

The red metal has notched a series of all-time highs in an end-of-year surge, rallying 42% on the London Metal Exchange this year.

Fortune

Banks Split On Copper Outlook As Citi, JPMorgan Turn Bullish And Goldman Counters

Copper extended its recent surge on the London Metal Exchange, with benchmark futures topping $11,700 a ton. It was the strongest rally since last summer, as investors began positioning for a possible regime of phased, near-universal copper tariffs starting in 2027.

Benzinga

Inside Europe's Last 'Open-outcry' Trading Floor

In an era where computer algorithms automate trading at breakneck speeds, a dwindling number of London's metal traders still conduct business in-person by shouting orders across Europe's last so-called open-outcry trading floor.

International Business Times

Read news from The Economist, FT, and more,
with one subscription

London Metal Exchange fined £9.2m by City watchdog over nickel price spike

The FCA said the London Metal Exchange ‘should have been better prepared to address the serious risks posed by extreme volatility’.

Evening Standard

Green activists warn London exchange over possibly ‘criminal’ copper trading

Dealing in metal from Papua could break UK law because of environmental impact of mining it, campaigners argue

The Guardian - UK

JPMorgan is the unlucky owner of LME's fake nickel shipments

It's the second scandal involving fake nickel in as many months.

Organisations

London Metal Exchange

the London Metal Exchange

10 stories

From analysis to the latest developments in health,
read the most diverse news in one place.

Topics

Read news from The Economist, FT, and more,
with one subscription

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.