Metals: Copper +0.7% to $4.33lb, iron ore -9.3% to US$131.50/t,...

Metals: Copper +0.7% to $4.33lb, iron ore -9.3% to US$131.50/t, Gold -0.3% to US$1,823/oz

· Energy: Brent crude -0.5% to US$72.6/bbl, WTI -1.0% to US$69.3/ bbl, thermal coal +0.5% to $179.30/t

· Keyovernight stock moves: BHP LND 0.0%, Rio Tinto LND -1.3%, S32 (LDN) +2.9%, Anglo -0.4%, Glencore +1.5%, Vale +0.1%, Alcoa +0.6%, Shell +0.7%, BP +0.6%, Exxon -0.4%, Chevron -0.2%, ConocoPhillips -0.6%

· GlobalIndices: S&P 500 & DOW (closed) & FTSE +0.68%

Iron ore futures sank below $140 a ton on more steeloutput curbs that are worsening the demand outlook for the raw material. Iron ore has fallen more than 40% since its peak in May, hit by China’s moves to limit steel volumes for the rest of the year. In the latest measure, authorities in the city of Handan issued curbs that will last to the end of October, according to its website. The rules, which include the closure of some furnaces, may lower the city’s steelmaking capacity by 8.6%, researcher Mysteel estimated. (Bloomberg)