Copper, oil, steel analysis roundup

Copper prices fell 4.65% this week to follow the vast majority of other commodities lower. Crude oil prices also closed lower, nearly 2%, but still managed to force a close above $40 per barrel. Silver price crashed nearly 15% to log the 2-month low. Copper imports limited India aims to slow down the import of aluminium and copper into the country. On the other hand, oil prices moved up as several oil companies failed to reach their output cut targets. Also, the U.S. steel sector’s capacity utilization rate plunged after being on the rise for several past months. India is