CENX - Industrial miners on the move shrugging off China copper sales

robas/E+ via Getty Images Shares of industrial metal miners and steel producers are rising broadly as copper prices rise in spite of China's decision to release strategic metal reserves in an attempt to halt rising prices, while a bipartisan group of U.S. senators reached agreement on a $1.2T infrastructure spending proposal. Comex copper (HG1:COM) +1.2% to $4.54/lb. after rising as much as 2.5% earlier. China, the world's biggest metals consumer, rarely sells off its state metal stockpiles, but investors may be betting that the sell-down will fail to slow demand from global buyers of the metal. Industrial metals names trade below earlier highs but still in the green: [[FCX]] +2%, [[CENX]] +2.2%, [[AA]] +0.9%, [[HBM]] +2.2%, [[SCCO]] +0.6%, [[TECK]] +1.2%. Steel producers also are higher: [[X]] +1.2%, [[CLF]] +3%, [[MT]] +1.5%, [[TMST]] +2.2%. ETFs: [[SLX]], [[CPER]], [[COPX]], [[JJCTF]], [[JJC]], [[JJU]], [[JJUB]] BHP says workers at its Spence copper mine in

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Industrial miners on the move, shrugging off China copper sales