News Snapshot:
Prices of metals like copper and iron ore are collapsing on growth worries and Chinese steel curbs after soaring on hopes of a swift economic recovery Copper prices this week tested the 200-day moving average of $4 per pound for the first time in more than a year. - Copper and iron ore prices have been knocked down sharply in August after steadily running higher since early 2020. - Iron ore prices have lost nearly 30% on demand concerns and China's orders to curb steel production. - "Dr. Copper" as a barometer of economic health is being hurt while COVID...
