(Bloomberg) -- Copper gained in New York, erasing
an earlier loss, on concern that production will fall in Chile,
the world's largest producer of the metal.
Chile's state-owned Codelco said output has been reduced at
two of its mines. A four-week strike by contract workers
triggered most of the decline. Before today, the metal had
gained 3.8 percent in the past month on concern labor unrest
would disrupt supplies.
Read more at Bloomberg Commodities News
an earlier loss, on concern that production will fall in Chile,
the world's largest producer of the metal.
Chile's state-owned Codelco said output has been reduced at
two of its mines. A four-week strike by contract workers
triggered most of the decline. Before today, the metal had
gained 3.8 percent in the past month on concern labor unrest
would disrupt supplies.
Read more at Bloomberg Commodities News
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