Nickel and aluminium gained the most in percentage terms on the London Metal Exchange this week, with a set of country-specific announcements setting the tone for the complex and leading all base metals prices higher.
The base metals rebounded from the losses made last week, when copper plummeted by some 8% and nickel and zinc lost 7% of their value."Moscow is looking to protect its defence and construction industries from rising prices by discouraging exports. But ironically, this could lead to even higher prices in the short-term," ED&F Man head of commodities research Edward...