Base metals prices tumble on possible cracks in EU treaty

Dec 14, 2011 | 05:18 AM |

Base metals prices are sliding further ahead of the festive period, as cracks start to appear in the mooted EU treaty aimed at saving the eurozone, a category I trader told Metal Bulletin during Wednesday’s pre-market trading on the London Metal Exchange. Three-month aluminium slipped below $2,000 per tonne in early trading, after opening at $2,005, and were trading at $1,992 at 09:56 GMT. “There are reports around the aluminium arbitrage window being....

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