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Magazine Headlines
30 Jun 2008 00:00
It is seeking more information from Anglo American, a spokeswoman told MB.
30 Jun 2008 00:00
Traders said there were sufficient copper supplies in the market. “There are more than 40,000 tonnes of copper stocks in Korea and Singapore so there is a hurry to buy the metal at current prices,” said a Singapore-based trader.
Comment
There wasn’t much surprise in the Chinese steel industry when Baosteel announced on June 23 that it had agreed an average 85% price rise with Rio Tinto, but there was still some disappointment.
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