LONDON: Copper prices steadied on Friday after a week of heavy losses as investors got a glimmer of hope that top metals consumer China was bolstering its economy with financing measures, according to Reuters.

Zinc and lead, however, touched fresh lows as gains in inventories highlighted weak demand and oversupply.

Data on Friday showed that new bank loans in China jumped by more than expected to an all-time high in January, reinforcing expectations for more stimulus in the coming months.

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