EU risks slow demise of aluminum industry if carbon tax not scrapped, Constellium CEO says
The upcoming tax - coupled with concerns over supply - has pushed up European premiums for physical metal to a 10-month high.
Copper at a six month low after fears resurface about Chinese economy
Copper dropped sharply on Friday, reaching a six-month low, after China's decision to cut interest rates suddenly revived fears of a slowdown in the second largest economy. At the close of the session, copper had fallen 3.06% on the London Metal Exchange (LME). Changing hands at $3.29 per pound, the metal is down...
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