Metal Bulletin’s quotation dropped to
$5.95-6.10 per kg, down from $6-6.10 on Wednesday, slipping
below $6 on the low end for the first time since May this year.
"Prices are drifting a little bit. We’ve done some
[under $6]," a producer said. "There’s not much
business, but now we’re a bit long, and we
don’t want to get too long. There’s
just no momentum," he added. Prices have been broadly