Copper Declines as China May Take Steps to Cool Inflation, Damping Demand

Bloomberg.com reports that metals fell today, including zinc, amidst concerns that China- the world’s biggest consumer of metals make take more action to curb price gains.

The story is quoted as saying:

Zinc and lead in London tumbled for a third day. Zinc dropped 2.4 percent to $2,281 a ton and lead declined 1.4 percent to $2,420 a ton. Aluminum lost 0.8 percent to $2,382 a ton, tin shed 1.2 percent to $25,600 a ton, while nickel slipped 0.5 percent to $22,250 a ton

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