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What's the London Metal Exchange?
The London Metal Exchange (LME) is a major global marketplace where industrial metals like copper are bought and sold. It sets benchmark prices that influence the cost of metals worldwide. The record high mentioned in the story happened on this important exchange.
Stories that explain this
Copper prices hit record high on tariff speculationRelated explainers
Who pays tariffs? Why are prices going up? What are tariffs? How does this affect UK prices? Why does the world need more copper? Global currency exchange Why is it going to London? What is the Greater London Authority?The full catalogue
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