Traders Rush Copper to LME Warehouses, Easing Squeeze; Prices Hold Losses
LME copper prices held losses after traders rushed metal into warehouses, boosting inventories and easing a supply squeeze in the global copper…
LME copper prices held losses after traders rushed metal into warehouses, boosting inventories and easing a supply squeeze in the global copper…
Copper market tightness eases as LME warehouse deliveries increase, narrowing the historic cash-to-three-month spread and pressuring front-month copper futures.
Copper prices head toward a record high on the London Metal Exchange as a wave of shipments to the United States drains…
Hindalco Industries topped profit forecasts as surging aluminum and copper prices lifted the metal producer's earnings and margins.
Aluminum and copper rallied as fading Fed rate hike expectations eased demand worries, even as Goldman Sachs cautioned that a quicker-than-expected supply…