Freeport McMoRan is getting slammed after China's disappointing data

Metal and mining stocks are getting hammered Thursday after China reported disappointing trade data.
Among the worst performers, copper-producer Freeport McMoRan is off more than 7% while US Steel is down 5.6%.
Earlier Thursday, China’s Customs Bureau said September exports tumbled by 10% in US dollar terms compared to a year ago. Economists had expected a much smaller 3% drop. Additionally, the bureau said that imports shrank by 1.9% YoY versus expectati