Aluminum fell to its lowest level since October, 2002, on Wednesday, as concerns over dwindling demand were reinforced by further bad news for the car industry and a rise in inventories to record levels. However, copper rose as physical stocks of the metal posted their first big fall since October. Aluminum for delivery in three months on the London Metal Exchange dropped to a low of $1,314 (U.S.) a tonne, a price last seen more than six years ago. Prices recovered to trade up slightly at the...
Full Story: Globe and Mail
