42FINANCE
⚡ Markets: High copper prices are a barometer of industrial health and electrification trends, but also a direct input cost for construction, manufacturing, and technology. Bullish for copper miners (FCX, SCCO) but a headwind for industrial consumers.CopperFCXCPER
The price of copper is approaching all-time highs, fueled by a combination of factors including fears of U.S. tariffs on Chinese-processed metal and surging demand from the AI sector for data centers and power infrastructure. Paradoxically, smelters are reportedly losing money on converting ore to metal, indicating market tightness and control by miners.
West MSM: noneFinancial press 1Non-West Ind. 12 countries
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