Wednesday, May 2, 2007

Copper and zinc steady as US data, Peru support

(Reuters) - Copper hovered around $8,000 a tonne on the London Metal Exchange, keeping an eye on a miners' strike in Peru, while zinc found support in a potential supply disruption, analysts said on Wednesday.

By 1037 GMT copper for delivery in three months fell back from an earlier intra-day high of $8,030 and was indicated at $7,980/7,995. On Tuesday, copper closed at $7,986 after rallying 2.9 percent on supportive U.S. economic data.


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