Is a Copper Crisis Coming? Prices Hit New Highs on Smelter Cuts ...Middle East

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Is a Copper Crisis Coming? Prices Hit New Highs on Smelter Cuts
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Via Metal Miner   By mid-March, copper prices hit their highest level since April 2023. Prices previously found a bottom in early February before strong upside momentum saw them topple previous peaks within their long-term sideways trend. While prices clocked a moderate1.74% month-over-month decline throughout February, they rose 4.12% during the first two weeks of March. Overall, the Copper Monthly Metals Index (MMI) remained sideways, with a modest 0.55% decline from February to March. Copper Ore Shortage Forces Smelter Cuts Long-awaited…

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