Base Metals Decline on European Debt Concern

Bloomberg reports base metals in London as some investors viewed recent gains as excessive.

The market news is quoted as saying,

Aluminum was little changed in London to $2,548.75 a ton, while lead declined 0.7 percent to $2,751.25 a ton. Nickel shed 0.2 percent to $24,081 a ton, and tin dropped 0.3 percent to $27,800 a ton.

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