16
Jul
13:27
COPPER: Pricing drops sharply on-month
London Metal Exchange copper prices have posted a steep decline over the past month, Kallanish reports.
In mid-June, cash copper stood at $9,900/tonne. As of 14 July, copper had fallen to $9,309/t.
A recent Bank of America report penned by Michael Widmer points to China’s fight against commodity inflation as one of the headwinds affecting copper. Nevertheless, the overall outlook remains positive due to the ongoing electrification of auto and he…
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Anonymous
Very good overview of the weekly steel market.
Anonymous