Industrial metals are in the spotlight after Chinese authorities made a pledge to release government reserves to tackle concerns over shortages and high prices.
The National Food and Strategic Reserves Administration said in a statement on Wednesday that it would release batches of metals, including copper, aluminium and zinc, making them available to manufacturers.
The move comes after government concerns over a commodity price rally, which has pushed factory gate prices up to their highest since the 2008 financial crisis and threatened to squeeze industry profits.
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