Wednesday, July 05, 2006
Copper Rises on Speculation Fed Rate Pause May Boost Demand
Bloomberg.com
Copper rose in London amid optimism that a possible pause in U.S. interest rate increases may help boost demand for metals. Nickel and zinc also advanced.
Nickel is used extensively in Stainless Steel. Some chinese produces of SS are cutting back. That may help in a while. The article contains more details.
Copper rose in London amid optimism that a possible pause in U.S. interest rate increases may help boost demand for metals. Nickel and zinc also advanced.
Nickel is used extensively in Stainless Steel. Some chinese produces of SS are cutting back. That may help in a while. The article contains more details.
