All eyes turn to Europe

Order books for European metals processors remain generally healthy but prospects for 2012 are being viewed with suspicion. Although the economies of some EU member states remain quite strong, there are fears that developments elsewhere in Europe will create paralysis in the markets. As per December 1, LME cash prices were at the following per-tonne levels: aluminium US$ 1977; copper US$ 7405.50; lead US$ 1985.50; zinc US$ 1943; and tin US$ 20 100.

Aluminium

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