View source for Copper Steady After Overnight Exit On Supply Signs

<br>SYDNEY, July 11 (Reuters) - Copper held largely steady in Asia on Tuesday amid modest support from investors after losing ground overnight on fresh signs of oversupply.<br> <br>"We are seeing little of the selling that occurred in London (on Monday)," a commodities trader in Perth said.<br>"Steady, with a slant to the downside is the way I would phrase it."<br> <br>Stocks in LME warehouses rose by 4,900 tonnes to 319,975 on Monday and have ballooned 32 percent since June 28, showing supplies are adequate.<br> <br>FUNDAMENTALS<br> <br>* Three-month copper on the London Metal Exchange stood $1 lower at $5,823 a tonne by 0100 GMT, extending losses from the previous session.<br> <br>* The most-traded copper contract on the Shanghai Futures Exchange was down 0.09 percent to 46,820 yuan ($6,882.66) a tonne.<br> <br>* COPPER STRIKE: Workers at the Zaldivar copper mine in Chile, owned by Antofagasta and [http://www.deer-digest.com/?s=Barrick%20Gold Barrick Gold] Corp , voted to approve a strike on Monday after talks with the company failed.<br> <br>* NORSK HYDRO: Norwegian metals firm Norsk Hydro will take full ownership of aluminium products maker [https://www.kynghidongduong.vn/tours/combo-du-lich-sapa-sa-pa-tu-ha-noi-tu-hcm-gia-re-dich-vu-chat-luong.html combo sapa] by buying a 50 percent stake from conglomerate Orkla<br> <br>* Steel related LME base metals nickel and zinc were each down about 0.03 percent, despite a China steel futures trading higher.<br> <br>* For  [https://www.kynghidongduong.vn/tours/combo-du-lich-sapa-sa-pa-tu-ha-noi-tu-hcm-gia-re-dich-vu-chat-luong.html combo du lịch sapa] the top stories in metals and other news, click or<br> <br>MARKETS NEWS<br> <br>* Asian shares and the dollar cautiously edged higher on Tuesday, as investors awaited testimony from Federal Reserve Chair Janet Yellen for clues on when the central bank would tighten U.S.<br><br>monetary policy.<br> <br>[https://www.biggerpockets.com/search?utf8=%E2%9C%93&term=DATA%20AHEAD DATA AHEAD] (GMT)<br> <br>1000 U.S. Small business confidence index Jun<br> <br>1255 U.S. Job openings (JOLTS) May<br> <br>1400 U.S. Wholesale inventories May<br> <br>PRICES<br> <br>Three month LME copper<br> <br>Most active ShFE copper<br> <br>Three month LME aluminium<br> <br>Most active ShFE aluminium<br> <br>Three month LME zinc<br> <br>Most active ShFE zinc<br> <br>Three month LME lead<br> <br>Most active ShFE lead<br> <br>Three month LME nickel<br> <br>Most active ShFE nickel<br> <br>Three month LME tin<br> <br>Most active ShFE tin<br> <br>ARBS ($1 = 6.8026 Chinese yuan)<br> <br>(Reporting by James Regan; Editing by Amrutha Gayathri)<br>