U.S. copper prices surge on tariff worries, diverting from global trends

[ad_1]

Copper wire raw materials and metals industry and stock market

FactoryTh/iStock via Getty Images

Copper prices in the U.S. have surged to record highs, far outpacing gains in global markets, as concerns over potential import tariffs drive up domestic costs. U.S. benchmark copper futures closed at $5.11 per pound last Friday — up 28% this year — compared with a 13% increase on the London Metal

[ad_2]

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *