From INL threadWell metals are still getting smashed!! INL...

From INL thread

Well metals are still getting smashed!!
INL turning to copper is a good thing.

Copper price fundamentals look positive - Norddeutsche
Europe's biggest copper smelter reckons that good fundamentals suggest that the copper market should show strength despite even at lower demand levels
Posted: Wednesday , 22 Oct 2008
HANOVER, Germany, (Reuters) -
Norddeutsche Affinerie (NA) (NAFG.DE) expects a global copper shortage to keep business conditions good despite the financial crisis, Europe's biggest copper smelter said on Wednesday.

"Copper production remains a weak point in market supply even at lower levels of demand," it said, noting that strikes and technical problems meant too little of the metal was being produced.

"The copper market features fundamental data that support prices despite declining demand," it added, saying a price drop of more than a third in recent weeks was exaggerated.

Copper demand is set to rise 5 percent in China next year and by 2 percent in Europe and the United States, it said.
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