Industrial metals from copper to zinc fell again yesterday, buffeted by a strengthening US dollar and nagging concerns about China.
Aluminium, a lightweight metal used in everything from aeroplane bodies to drinks cans, was among the fallers.
It dropped to a fresh six-year low after the Ministry of Industry and Information Technology said that China would deal with excess capacity in its aluminium industry by exporting it to the rest of the world. Aluminium for delivery in three months on the London Metal Exchange hit $1,651 a tonne before recovering to end $4 lower at $1,658.
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