Base metals prices 2023, by commodity
In 2023, the average annual London Metal Exchange (LME) price for tin was approximately 12 U.S. dollars per pound, making it the highest-priced base metal that year. Nickel had the second-highest price out of the base metals at that time, with an average annual LME price of approximately 9.80 U.S. dollars per pound in 2023.
Although there is no clear-cut definition of the term, base metals usually refer to metals that oxidize easily, and is most commonly categorized as including tin, nickel, copper, zinc, lead, and aluminum.
Although there is no clear-cut definition of the term, base metals usually refer to metals that oxidize easily, and is most commonly categorized as including tin, nickel, copper, zinc, lead, and aluminum.
