Copper Price Steady, but Down From One-Month High

Reuters reported that copper prices steadied on Wednesday after falling from a one-month high earlier in the trading session. Encouraging US data and BHP’s decision to hold off on big projects helped boost prices.

As quoted in the market news:

Three-month copper on the London Metal Exchange, ended at $7,605 a tonne, almost flat from Tuesday’s close of $7,610, having earlier hit a one-month high at $7,648 a tonne.

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