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This sudden policy change was a brutal shock to traders. For weeks, market speculation about a broad, all-encompassing tariff had fueled a rally, sending COMEX copper futures to record highs. Traders, ...
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Copper pulls near $4.40 per pound
COMEX Copper futures turned lower today as selling resumed after a stable session on Monday. The red metal pulled back towards a four-month low and currently trades at $4.40 per ...
Since June, aluminum metal shipped to the US, where smelters face higher electricity bills than copper producers, has ...
PROFIT FORECAST: Analysts expect Glencore to swing to a net profit of $337.3 million, according to the same consensus. This compares with a loss of $233 million a year prior when it booked around $1 ...
A U.S. decision last week to exempt refined copper metal from import duties is in contrast to an earlier move to levy steep ...
By Bernadette Hogg (Reuters) -Aurubis on Tuesday reported higher-than-expected core profit for the first nine months of its ...
U.S. copper prices surged due to fears of a 50% tariff on imported copper, but a surprise exemption for raw copper materials ...
Front Month Comex Copper for August delivery gained 0.25 cent per pound, or 0.06% to $4.4150 today --Up 8.45 cents or 1.95% over the last two sessions --Off 23.81% from its 52-week high of $5.795 hit ...
Recently, copper prices experienced a historic plunge, primarily driven by U.S. tariff policies and shifting market sentiment ...
Gold and silver remain in consolidation, but their technical setups are still strong—despite the confusing crosscurrents ...
U.S. President Donald Trump announced 50% tariffs on copper imports this week while exempting refined copper—the primary ...
Donald Trump has succeeded in forcing America’s democratic allies to their knees. His country must henceforth live with the ...