Reported about 21 hours ago
Copper prices have dropped below $9,000 a ton, marking the largest decline since March 2020, as fears of a worsening trade war lead to a selloff in metals and mining stocks. China's announcement of a 34% tariff on US imports has intensified these fears, causing significant losses for major mining companies. Despite long-term bullish outlooks, experts warn that declining demand and global GDP could delay expected market deficits.
Source: YAHOO