LME copper closes down $166 at $14,309/t; tin leads base metals slump

A broad-based LME selloff led by tin rather than copper suggests the pressure is not a single-metal story but a wider industrial-metals repricing, with tin's outsized move doing the heavy lifting while cobalt held flat. That divergence matters for anyone tracking battery and electronics supply chains, where tin and cobalt sit at different points of the demand cycle. Whether tin's slide proves idiosyncratic or drags the rest of the complex lower is the open question.