Tradervis checks on this article.....it looks negatively for the metallurgical stocks.


METALS-Copper dips as China creates fresh econ doubts


Wed Aug 19, 2009 8:43am EDT
By Michael Taylor



LONDON, Aug 19 (Reuters) - Copper fell to a two-week low on Wednesday after a slump in Chinese equities triggered falls across financial markets as fresh doubts resurfaced about recovery in the global economy and demand for industrial metals.


Shanghai stocks .SSEC tumbled to a two-month low on disappointment that authorities were not taking steps to support the market amid increasingly heavy losses. [MARKETS/AS]


China, the world's largest consumer of copper, has supported metal prices this year with stockpiling and stimulus measures. Copper for three month delivery MCU3 on the London Metal Exchange fell to $5,945 a tonne in rings from $6,080 at the close on Tuesday and compared with a session low at $5,925.
http://www.reuters.com/article/marke...0090819?rpc=44