Italian copper products maker KME Group Spa announced that it will purchase 30 percent of Sigimet SpA for $2.41 million, taking its second stake in a metal trader this year. For full story, click here
US copper futures dropped in connection with the overall fall of the metals complex as the US dollar’s strength continued to push metals down. A weaker tone on Wall Street and further probes to the downside in crude oil prices were other factors seen dragging on industrial metal copper. Read the entire article here. [...]
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