Copper prices have surged to near-record levels as markets continue to price in the possibility of new U.S. import tariffs.
US copper stockpiling ahead of potential tariffs is draining metal from the global market and tightening supplies worldwide.
Copper was last trading at $6.27 a pound on Thursday, equal to a little over $13,800 a tonne and up 2.6% by lunchtime in New York. Copper prices were buoyed by a fall in the oil price after Trump said ...
Copper prices have soared in the past week, riding past US$14,000/t before a pullback overnight Junior copper miners have outperformed the market in the past five years, according to Sprott More M&A ...
Copper prices have surged to record highs this year, and are closing in on the $12,000 milestone. Mining disruptions, supply shortages and concerns about U.S. tariffs have helped lift prices higher.
The global copper market is facing major upheaval, triggered by supply-demand imbalances, the shifting role of China and the uncertainty surrounding US President Donald Trump’s trade agenda. Against ...
China appears to be doing to the copper industry what it did in rare earths, driving competition out of the market to seize control of supply.