Wednesday, June 20, 2007

Lead at fresh record high on stocks, copper firm

(Reuters) - Lead rose to a new record high on Wednesday, boosted by low inventory levels while a slew of looming strikes at mines drove copper prices higher.

Nickel gained around 2.5 percent after tumbling around $3,000 on Tuesday but analysts see more downside potential as more stainless steel producers cut back production.


Read more at Reuters Africa

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