Metals largely stable at end of last week, but some downward pressure

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With it being the Thanksgiving holiday in the United States at the end of last week, metal prices were largely stable.

However, most metals did see small falls in price.

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Three-month copper was down to $7,225 (£4,671) on Friday compared to Thursday’s $7,295 (£4,694).

Aluminium was lower at $2,001 (£1,294) on Friday from Thursday’s $2,024 (£1,302). Alloy also dropped to $1,880 (£1,215) compared to Thursday’s $1,940 (£1,248).

Lead was down a touch on Friday to $1,995 (£1,290) from Thursday’s $2,003 (£1,289). Nickel fell to $17,050 (£11,023) from $17,215 (£11,078) on Thursday.

Tin was also lower at $20,105 (£12,998) from $20,500 (£13,192) on Thursday. Zinc was priced at $1,882 (£1,217) from Thursday’s $1,898 (£1,221).

Steel was unchanged at $520 but increased by £1 to £336.