July 01, 2013 at 18:09 PM EDT
Copper Surges On Robust U.S. Factory Activity
Copper capped the biggest gain in almost two months after a report showed manufacturing rebounded in the U.S., the world's biggest consumer of metals after China. The Institute for Supply Management's manufacturing index increased to 50.9 in June from 49 a month earlier, the Tempe, Ariz.-based group said today. A reading of 50 is the dividing line between expansion and contraction. Sustained demand for automobiles and housing
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