LME copper inventories tripled since mid-July, indicating a lackluster demand for the metal. The ongoing UAW strike poses a threat to the copper demand due to its impact on the EV rollout. Copper ...
The copper market has stabilized after a speculative rally and subsequent correction, with financial excesses cleaned up and fundamentals now driving prices. Positive copper premiums indicate improved ...
Benchmark prices on the London Metal Exchange surged as much as 4.7% on Monday, the latest in a series of leaps higher that ...
LONDON, June 17 (Reuters) - China's copper scrap imports have soared due to shortages of concentrate that is processed into refined metal used in the power and construction industries, but record high ...
Citi analysts are forecasting a slower drop in copper prices over the next three months, noting that President Trump relaxed some tariffs, China has bought on dips, and scrap supply remains tight due ...
July saw extreme volatility in Comex copper prices, peaking 41.74% above January levels before a 24.56% collapse following tariff exemptions. The White House’s unexpected tariff adjustment removed ...
U.S. copper futures ended Thursday down more than 22%, by far their largest single-day drop on record, as traders reversed course following President Trump’s tariff announcement late Wednesday. Rather ...