BHP’s iron ore, copper output surge on mine improvements
Production rose because of supply chain improvements, with a record amount of iron ore delivered from the Central Pilbara hub.
Speculators in gold, silver and copper futures and options sharply cut their net long positions in the week ended May 10.
Metal prices sold off during a commodities rout during the period, according to the latest report by the U.S. Commodity Futures Trading Commission.