Shanghai copper steady, LME edges up after holiday

Shanghai LME

Now Close Now Close Copper
62600 62740 8205.00 8180.00
Aluminium 19250 19230 2999.00 3001.00
Zinc 17950 17980 2165.00 2145.00
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MAY 27

In the news > Striking Mexican miners to
return to work [nN26192627] > Chile Codelco: All
divisions running normally [nN26333744] > UPDATE 1-Hydro
eyes "big" expansion [nL26276886] > BRIEF-Novelis
investing in Brazil [nWEN5919] > Russia UC
RUSAL mulls $2 bln bond in 2008 [nL26640166]
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* Shanghai August copper SCFQ8 opened at 62,900 yuan at 0101
GMT on Tuesday, versus 62,740 yuan at Monday's close. London
Metal Exchange trading resumes after long holiday weekend.
* LME copper MCU3 up $25 at $8,205 from Friday's close.
* Mexican miners return to work after one-day stoppage; in
Chile, Codelco says its divisions are running normally after
landslides over the weekened blocked access to its El Teniente
operations for two days.
* Shanghai aluminium SAFQ8 rises to 19,250 yuan from 19,230,
while zinc SZNQ8 trades 30 yuan softer at 17,950 yuan.
* Strong oil prices support aluminium; concern about
aftershocks and the threat of catastrophic flooding in Sichuan
after the recent earthquake, which could further damage the
region's metals industry, worry investors.
(Reporting by Nick Trevethan; Editing by Alan Raybould)