Base metals prices on the London Metal Exchange generally ended higher at the close of trading on Wednesday March 28, with only aluminium and zinc trading lower. Read more in our live futures
Here are how LME prices looked at Wednesday's close:
Indonesia’s Gresik copper smelter in eastern Java will shut down
for up to 10 days next week to resolve technical problems, sources told Metal Bulletin.
Sterlite Copper’s Tuticorin smelter has advanced its scheduled maintenance
and will close for “approximately” 15 days, the company said, while thousands of local residents gathered in protest of the planned expansion.
Union leaders at Codelco Norte, a division of Chilean copper producer Codelco, are urging supervisors to vote for industrial action
following the company’s latest contract offer.
K Alex Stewart, founder and chairman of global inspection and analysis organization Alex Stewart International, died on March 26
at the age of 83.
Aluminium scrap markets in the United States were mixed, with mill-grade scrap stepping lower
on declines in the terminal market and smelter-grade products mostly on steady footing while all eyes remain on potential aluminium scrap tariffs in China.
In the steel market, Saudi Arabia’s National Committee for Steel Industry on Tuesday called for urgent action
against allegedly dumped imports into the country, specifically by raising duties.
Unionized workers at Iron Ore Co of Canada’s mine in Labrador City, in the Canadian province of Newfoundland and Labrador, have gone on strike