NORTH AMERICAN MORNING BRIEF 24/01: LME copper price up despite stock rise; MMG posts record copper output; iron ore prices rangebound

By Tanya Ashreena / January 24, 2018 / www.metalbulletin.com / Article Link

The latest metal markets news and price moves to start the North American day on Wednesday January 24.

Copper prices on the London Metal Exchange have recovered 1.3% during morning trading despite another large delivery into LME warehouses.The three-month copper price plummeted to a 2018 low of $6,885 per tonne yesterday after inventories increased a net 36,300 tonnes to 248,075 tonnes. A further 28,600 tonnes were delivered today across locations in Asia, taking...

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