The latest metal markets news and price moves to start the North American day on Wednesday January 3.
Base metals prices on the London Metal Exchange dipped across the board during morning trading today, with the recent price rallies taking a break. Copper has dipped back below the $7,200 per tonne level, beginning to retreat slightly as the result of some profit-taking. The three-month zinc price set a fresh 10-year high yesterday at $3,352 per tonne but dropped back by $17.50 today. "As we warned yesterday, there is a danger that prices run ahead of the...