| 08.09.2015 - After Glencore shutdown, has copper found a floor? |
| Copper prices rose sharply on Monday after commodity giant, Glencore, revealed plans to suspend some of its copper operations, pulling 400,000 tons of the red metal off the market in a debt-cutting exercise. Copper prices found some much-needed support on the news, with three-month copper climbing on the London Metal Exchange. It then pared some gains to trade at $5,145.50 per ton...............................................Full Article: Source |