Copper Falls Sharply on Tuesday

Reuters reported that copper dropped sharply on Tuesday, registering the biggest decline since May 2012, weighed down by concerns over global growth and demand for industrial metals.

As quoted in the market report:

Benchmark three-month copper on the London Metal Exchange closed at $7,055 a tonne, from a close of $7,153.50 a tonne on Monday. It fell more than 6 percent this month, its steepest fall since May last year.

To view the whole Reuters report, click here.