Base metals prices creep up in LME pre-market on steady euro

Dec 07, 2011 | 05:13 AM |

Base metals prices improved slightly in pre-market trading on the London Metal Exchange on December 7, as trading thinned ahead of the EU heads of state summit on December 9. “We’ll see what [German chancellor Angela] Merkel and [French president Nicolas] Sarkozy are cooking up between them, but they’ve talked of bringing sanctions against countries that default [on debt payments] and that will only make things worse,” a category I trader said. In....

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