The latest metal markets news and price moves to start the North American day on Wednesday March 28.
Base metal prices on the London Metal Exchange were lower across the board during morning trading on Wednesday March 28, with copper recording the biggest decline. The three-month copper price was down $28 per tonne after a third straight day of deliveries into LME warehouses. On-warrant copper stocks are now at their highest level since June 2013, which has contributed to the red metal's weaker tone. A further 8,000 tonnes of copper were delivered into LME sheds this morning, which follows deliveries of 37,575 tonnes and 35,175 tonnes on Monday...