NORTH AMERICAN MORNING BRIEF 02/11: LME copper inventories climb 32%; Steel billet import prices unmoved; Asia ferrous scrap prices continue downtrend

The latest metal markets news and price moves to start the North American day on Friday November 2.

Base metals prices on the London Metal Exchange were all higher during morning trading on Friday November 2, after the largest single-day inflow in LME copper stocks since February 2004.

The three-month copper price climbed more than 1.5% to more than $6,200 per tonne after around 47,700 tonnes of the...


Hassan Butt

November 02, 2018

13:33 GMT