06.02.2009 - Growing inventories spook industrial metals market
From Theaustralian.news.com.au: Industrial metals lost ground overnight, as copper shed more than 3 per cent of its value and the outlook for consumption darkened. Grim economic data from the US pointed to a softening outlook for metals. The number of US workers filing new claims for jobless benefits hit a 26-year high last week and factory orders plummeted last December, a fifth consecutive monthly decline..... Full Article: Source
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