Reported about 12 hours ago
The US is preparing for an unprecedented influx of copper, with estimates of 100,000 to 150,000 metric tons heading to American ports as traders rush to ship before potential tariffs are imposed by President Trump. This surge, driven by heightened demand and significant price differentials between US and global markets, is reshaping supply chains, particularly affecting China, which has historically been the largest copper consumer. Analysts foresee potential tariffs could further disrupt global copper trading dynamics by limiting imports into China.
Source: YAHOO