Copper Firms but EU Debt Woes Darken Outlook

Reuters reported that copper prices stabilized although weekly losses are expected.

As quoted in the market news:

Three-month copper on the London Metal Exchange waslast bid at $7,265 a tonne on the kerb from $7,240 per tonne at the close on Wednesday, after earlier falling as low as$7,100.25, its weakest since Oct. 21.

Click here to read the full Reuters report.