Business · 7 hours ago
Copper prices hit record high on tariff speculation
Copper prices reached a new record high on the London Metal Exchange on Monday, driven by speculation about potential US tariffs on refined copper. The three-month benchmark contract experienced an increase of 0.8%, reaching $14,533 per ton, exceeding the previous record established in January. Aging mines struggle to meet rising demand from sectors like renewable energy and data centres.
Reported by Wall Street Journal · How we write briefs