CLOSE TO CLOSE: Copper prices climb above $7,400 in LME kerb

Dec 20, 2011 | 12:32 PM |

Copper prices staged a late recovery on the London Metal Exchange on Tuesday December 20 after positive housing starts and payrolls data from the USA lifted markets towards the close of physical trading. Copper prices finished the day at $7,410 per tonne, up from $7,260 a day earlier after US Census Bureau data showed residential housing starts grew 9.3% in November, while payrolls rose in 29 states during....





Latest Pricing Trends

Poll

Do you think steel mills will succeed in their efforts to stop selling at a discount to the CRU index?

Yes
No
It’s too early to tell


View previous results

AMM Events


Quote

This whole thing is becoming a game of smoke.

Midwest service center