Base Metals May Drop as US Debates Debt

Blooomberg reports that base metals, like nickel, are likely to fall on US debt concerns and slowing demand from China.

The market news is quoted as saying,

Aluminum in London gained 0.2 percent to $2,498 a ton, zinc rose 0.6 percent to $2,391 a ton and lead added 0.6 percent to $2,725 a ton. Nickel fell 0.3 percent $24,073 a ton, and tin shed 0.2 percent to $27,160 a ton.

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