Copper steadies at one-month peak as China stimulus kicks in – Markets

LONDON: Benchmark copper prices extended gains on Tuesday, holding at their highest levels in a month, after data showed stimulus measures in top metals consumer China were kicking in as a Chinese official vowed to hit economic targets.

Three-month copper on the London Metal Exchange (LME) was up 0.7% at $9,161 per metric ton by 1010 GMT, the strongest since Dec. 12.

Data showed new Chinese…