Commodity Prices Pressured by China Slowdown
Copper and iron ore prices are under pressure due to a slowdown in Chinese factory activity and weakness in the steel sector during April. London Metal Exchange copper prices decreased by approximately 3.34% on May 1, trading at US$9,125 per tonne, while iron ore prices slightly decreased by 0.1% to US$99.76 per tonne overnight. Despite […]
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