Industry News

Copper price increasing toward $10,000

Views : 219
Update time : 2021-04-29 19:26:47
Copper increases toward US$10,000 due to stimulus measures, vaccine proceedings, and climate pledges, leading to a global recovery from the COVID-19 epidemic.

Global growth pushed the metal markets to grow. Metals such as aluminum, copper, and iron ore all hit the record of high price.

The copper demand was pushed higher and higher. The port workers in Chile started to protests against the government’s pandemic relief policies this week which would hurt the supplies.

The positive global growth raised the financial market interest in commodities. Copper is benefiting a lot from the positive global growth.
Related News
Read More >>
India’s Bansal Wire Industries expends stainless steel wire capacity at Uttar Pradesh facility India’s Bansal Wire Industries expends stainless steel wire capacity at Uttar Pradesh facility
Apr .24.2025
India’s Bansal Wire Industries expends stainless steel wire capacity at Uttar Pradesh facility
China’s alumina exports surge in Mar due to domestic oversupply China’s alumina exports surge in Mar due to domestic oversupply
Apr .24.2025
China’s alumina exports surge in Mar due to domestic oversupply
Ferromolybdenum prices rise sharply in China, raising stainless steel costs Ferromolybdenum prices rise sharply in China, raising stainless steel costs
Apr .24.2025
Ferromolybdenum prices rise sharply in China, raising stainless steel costs
Fagersta Stainless upgrades with Danieli’s new stainless steel blooming mill for high-quality products Fagersta Stainless upgrades with Danieli’s new stainless steel blooming mill for high-quality products
Apr .24.2025
Fagersta Stainless upgrades with Danieli’s new stainless steel blooming mill for high-quality products