NORTH AMERICAN MORNING BRIEF 05/01: LME base metals consolidate at higher levels; Nornickel concludes two deals for nickel full plate cif China; labor negotiations put global copper supply at risk

By Tanya Ashreena / January 05, 2018 / www.metalbulletin.com / Article Link

The latest metal markets news and price moves to start the North American day on Friday January 5.

Base metals prices on the London Metal Exchange mostly stepped slightly lower during morning trading but are generally consolidating at higher levels.Aluminium fell $12.50 but is still in a strong position, with supply-side reforms in China continuing to burnish its underlying fundamentals. The three-month price reached a fresh five-year high at $2,290.50 per tonne on December 29.Here is...

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