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SMM June 11: Most of the LME metal market was red in the last trading day, with London copper up 2.
38%, London Xi up 1.
83%, London nickel up 0.
77%, Lun aluminum up 1.
5%, London zinc up 0.
59%, and London lead down 0.
97%.
Most of the domestic non-ferrous metal market closed up, with Shanghai tin up 0.
32%, Shanghai copper up 1.
8%, Shanghai zinc up 0.
79%, Shanghai aluminum up 1.
1%, Shanghai nickel up 0.
19%, Shanghai lead down 0.
42%, stainless steel up 0.
12%, thread down 0.
39%.
Federal Reserve Chairman Jerome Powell hinted that the coronavirus outbreak could cause permanent damage
to the U.
S.
economy.