Copper miners fall as red metal hits one-week low ahead of Fed rates call
U.S.-listed shares of copper miners down premarket, tracking a decline in red metal prices
Benchmark three-month copper CMCU3 on London Metal Exchange down 1.6% at $9,963 a metric ton
Copper prices hit a one-week low as traders trimmed positions ahead of a decision on U.S. interest rates from the Federal Reserve, while demand from top metals consumer China was muted by the recent copper rally
Global mining giants Rio Tinto RIO.N down 0.6% and BHP Group BHP.N falls 1.2%
Copper miners Southern Copper SCCO.N down marginally and Freeport-McMoran FCX.N falls 1.2%
Canadian miners Hudbay Minerals HBM.N dips 1.1% and Ero Copper ERO.N down marginally
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