05 AUGUST 2011alu.com
BASE METALS: Shanghai Metals Fall; Econ Concerns Continue To Weigh
Edited by : AL CIRCLE
1 min read
Base metals on the Shanghai Futures Exchange fell Thursday on persistent concerns over the global economy fueled by disappointing economic indicators.
Aluminum lost the most ground as investors locked in profits following its recent gains, while copper was partially supported by an ongoing strike at the world's largest copper mine, Chile's Escondida, that crimped supply.
Aluminum lost the most ground as investors locked in profits following its recent gains, while copper was partially supported by an ongoing strike at the world's largest copper mine, Chile's Escondida, that crimped supply.
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