TREE NEWS reports: London Metal Exchange copper closed up $244 at $14,322 a tonne, leading gains across most base metals. Aluminum rose $34 to $3,044, zinc added $72 to $3,744, lead gained $10 to $1,908, and tin climbed $428 to $50,517. Nickel was the outlier, falling $272 to $15,848 a tonne, while cobalt settled flat at $34,620.
LME copper rises $244 to $14,322/ton; nickel falls $272
AI take
The breadth of the rally matters more than copper's headline gain: aluminum, zinc, lead and tin all moved higher alongside it, pointing to a broad base-metals bid rather than a single-metal story. Nickel's divergence is the notable signal, with the stainless-steel input moving against the rest of the complex and cobalt flat. Whether that split reflects metal-specific fundamentals or a wider shift in industrial demand positioning is the open question worth tracking in the sessions ahead.
Generated by AI for reference only.
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