Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.
Most commodity prices suffered falls on Monday, compounding worries about oversupply, after Greece rejected terms for a bailout and top consumer China unleashed emergency measures over the weekend to prevent a full-blown stock market crash. Brent crude fell below $60 per barrel on Monday, to levels last seen in April, reacting to worries about the global economy as the euro slid on news Greeks had rejected terms for a bailout, putting in doubt its continued place in the single currency.
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