24.11.2015 - Metals prices fall to multiyear lows
Metals prices suffered a broad sell-off on Monday that sent prices to their lowest levels in years, intensifying the pressure on miners from Chile to China to cut production. Copper fell to a new six-year low of $4,443.5 a tonne on the London Metal Exchange, while nickel dropped 5 per cent to its lowest level since 2003. Commodities from metals to oil have fallen more than 23 per cent this year amid increasing concern about slowing growth in China, according to the Bloomberg Commodity Index, which tracks 22 raw materials...............................................Full Article: Source
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