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Print[Ferro-Alloys.com]Copper was steady on Thursday, with some investors taking profits ahead of a key Federal Reserve meeting later in the session, though most remained optimistic of further stimulus action to bolster the world's largest economy.
Prices were also supported by a German court ruling on Wednesday that paved the way for Europe to precede with its bailout schemes.
"Some longs prefer to take profit ahead of the (Fed) meeting, since they've already made money on their positions and because there is always a chance that the Fed won't start another round of quantitative easing - even if many people expect it," said a Shanghai-based trader with an international firm.
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