The 2017 calendar year saw copper heat up in a big way. According to MetalMiner IndX data, LME primary cash copper was $5,512/metric ton on Jan. 1, 2017. It closed the year at $7,215/mt, good for a meteoric rise of 30.9%. Need buying strategies for copper in 2018? MetalMiner’s Annual Outlook has what you need […]
Tag: LME
This Morning in Metals: China Issues Stricter Rules on New Capacity
This morning in metals news, China has issued stricter rules on building new steel capacity, Chinese steel production is expected to slow down in 2018 and LME copper rises as the dollar loses ground. New Rules to Put the Squeeze on New Capacity in China China has new, stricter rules on building new steel capacity, […]
