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Metal: Little change for metals but some optimism as copper is up

Wed, 23 Nov 2011

After falls in many metals over recent days, there was more stability on the LME yesterday.

Three-month copper was up to $7,421 (£4,742) from Monday’s $7,334 (£4,685).

Aluminium was down a little to $2,082 (£1,331) from $2,098 (£1,340) on Monday. Alloy increased to $1,960 (£1,253) on Tuesday from $1,950 (£1,246) the day before.

Lead fell on Tuesday to $1,998 (£1,277) from $2,025 (£1,294) the day before. Nickel was up to $17,800 (£11,375) yesterday from Monday’s $17,650 (£11,275).

Tin was lower at $20,655 (£13,200) yesterday compared to Monday’s $20,795 (£13,284). Zinc increased a touch to $1,935 (£1,237) from $1,930 (£1,233).

Steel was unchanged at $520 but increased £2 to £334. 

Author: Paul Sanderson

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