Friday, January 25, 2008

Copper May Drop on Reduced Metals Use Because of U.S. Recession

Copper may fall next week on speculation the U.S. economy is sliding into recession, reducing demand for the metal used in wires and pipes.
Maybe, but so far, it's still hanging out in the $3 neighbourhood, a far cry from $2.50 a year ago and $0.80 5 years ago.

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