| Industrial metals dropped with zinc and copper leading losses on concerns commodities risk extended declines on slowing demand from China, the world’s biggest user.
Zinc in London fell as much as 1.6% and traded at $1 532 a metric ton at 4:25pm in Shanghai, while copper fell as much as 1.2%. Raw materials have sunk to the lowest level since 1999 as China’s slowest expansion in a quarter of a century cuts demand. Chinese metals companies have announced reductions in supply or plans to rein in capacity growth to stem the price rout...............................................Full Article: Source
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