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Copper steadies as dip in US$ offsets worries about demand

Three-month copper on the LME closed up 0.2 per cent at US$6,415 a tonne, bouncing from an intraday low of US$6,352, after closing flat in the previous session.


COPPER prices edged into positive territory on Friday as a slightly weaker US dollar balanced worries that a recent rally was overshooting the supply-demand fundamentals.

Most industrial metals fell earlier in the European session, but erased their losses as the US dollar