Base Metals in London Drop on Concern Global Growth to Slow

Bloomberg reports base metals futures declined amid concern that the euro-zone nations will be unable to control the sovereign-debt crisis.

The market news is quoted as saying,

Three-month delivery aluminum in London fell 0.6 percent to $2,372.75 a ton and nickel lost 0.9 percent to $20,700. Lead declined 1.4 percent to $2,402 and zinc was down 0.2 percent to $2,168 a ton. Tin decreased 1.5 percent to $23,601 a ton.

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