Industrial metal prices settled lower in the global markets on Friday. Nickel dropped the most with fall of 1.67 percent followed by Zinc (1.65 percent), and Lead (1.51 percent) at the London Metal Exchange(LME). On the other hand, Aluminim gained with the rise of 0.82 percent followed by Tin (0.49 percent).
Copper prices lost $63.00 or 0.98 percent to settle at $6,353.50 per MT at the London Metal Exchange (LME). Aluminium prices rose $16.50 or 0.82 percent to close at $2,040.50 per MT. Zinc prices lost $48.50 or 1.65 percent to close at $2,886.50 per MT.
Nickel prices fell $180.00 or 1.67 percent to close at $10,590.00 per MT. Lead prices fell $35.50 or 1.51 percent to close at $2,322.50 per MT. Tin prices went up $100.00 or 0.49 percent to close at $20,450.00 per MT.