15
Apr
17:01
COPPER: Prices heading to ‘needed’ $15,000/t: Goldman Sachs
Copper prices could surge to $15,000/tonne by 2025 as the metal demand for the energy transition will grow nearly 600% by 2030, Goldman Sachs said in a new research report titled “Copper is the new oil.”
Analysts at the investment bank upgraded their price forecasts, noting that the critical role of copper cannot be understated.
“There’s no decarbonisation without copper,” they said, adding that copper is at the “very core&rdq…
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Anonymous
Very good overview of the weekly steel market.
Anonymous