METALS-Copper edges higher as dollar gives up gains; U S bill in focus reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
By Reuters Staff
(Adds Shanghai closing prices, updates London prices)
HANOI, May 17 (Reuters) - London copper prices rose on Monday as worries over supply from top producer Chile mounted after workers at two mines rejected a contract offer from the company and threats of a strike loomed.
A union representing workers at BHP’s Escondida and Spence mines in Chile rejected the company’s contract offer, raising the risk of a strike at the two sprawling copper deposits, the union’s president said on Friday.
“Supply side issues may be back in focus” after the rejection of a final wage offer, ANZ said in a note.
London copper edges up on Chilean supply worries sharenet.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sharenet.co.za Daily Mail and Mail on Sunday newspapers.