Copper At Near 5-Month High As Tariffs Loom ...Middle East

The expectation of tariffs on US copper imports is helping to push copper prices higher, along with tight supply, robust demand, and events in China, the world’s largest consumer of the industrial metal. Mining.com reported copper prices traded near a five-month high Monday, due in part to the Chinese government’s unveiling of an action plan over the weekend by to boost consumption. Demand from China’s property sector, a key source of metals demand, has been weak. Copper for May delivery on the Comex in New York was trading 1%…

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