Chinese copper inventories post record weekly drop
Inventories in Chinese warehouses shrank by 54,858 tons, the most in data going back to 2003.
Mick Davis, outgoing CEO of Xstrata post the $76 billion takeover by commodities traders Glencore, is already building an acquisitions war chest. At the outset of what was then a merger negotiation 15 months ago, Davis was put forward as...
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