Visually versionDuring the week, the quotes of non-ferrous metals showed positive dynamics on the LME after a number of published statements. Last week, the factors of price changes in the metal market were China's announcement of the sale of copper, aluminum and zinc from state reserves in the domestic market of the country and the introduction of export duties on steel, nickel, aluminum and copper proposed in the Russian Federation.
Russia plans to protect its defense and construction industries from rising prices, reducing the attractiveness of exports. However, these measures may lead to an even greater rise in price in the short term.
