U.S. copper prices have reached unprecedented levels, significantly surpassing increases observed globally, due to worries about possible import duties boosting internal expenses. Last Friday, American benchmark copper futures concluded trading at $5.11 per pound—a rise of 28% for the year—contrasting sharply with an uptick of merely 13% on the London Metal Exchange.
The increasing disparity...
Showing posts with label metals. Show all posts
Showing posts with label metals. Show all posts
Sunday, March 16, 2025
Sunday, January 12, 2025
Australian Steel Chief Addresses 'New Global Challenge' Facing the Industry
The CEO of the Australian Steel Association, David Buchanan, has addressed the concerns and consequences related to the recent United States tariffs imposed on Australian steel.
"Clearly, energy costs are one concern, but when we look at labor costs—especially compared to those in Asia and other...
Thursday, January 2, 2025
How Gold Travels From Deep Within: Scientists Reveal the Journey
Previously, it was thought that both the known and undiscovered gold reserves across all of Earth’s gold mines may not have formed on our planet. Nonetheless, researchers have never uncovered enough gold within any single asteroid to back up the idea that, similar to how much of Earth’s water came...
