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    Base Metals May Drop as US Debates Debt

    Investing News Network
    Jul. 18, 2011 03:26PM PST
    Base Metals Investing

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

    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.

    For the complete market news, click here.

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