Metals News
US Copper Futures Fall below $3.50/lb after Hours
industry news
09:27AM
May 16,2012
Source:SMM

NEW YORK May 15 (Reuters) - U.S. copper futures fell below $3.50 per lb after hours on Tuesday for the first time since early January, extending its decline during the trading session as concerns about a political impasse in Greece and a slowdown in China limited its demand outlook.

In late electronic trade, the July COMEX contract extended losses to $3.4945 per lb, its cheapest price since Jan. 10. It settled Tuesday at $3.5175, which was down 1 percent on the day.

 

US copper futures; fall Tuesday
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