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MetalMiner: What February's US Copper Import Numbers Mean for Prices
By MetalMiner -
Wed May 16 11:51:00 CDT 2012 CT
Related Keywords: Metals, Product Information, Market Fundamentals, Strategies & Techniques
Related Keywords: Metals, Product Information, Market Fundamentals, Strategies & Techniques
Will February’s Increase Be the Start of an Upward Trend for the Copper Industry
From electrical wires and plumbing pipes to roofing sheets and machinery, copper is a familiar metal to the construction and manufacturing industries. The copper business, in general, has had its ups and downs in recent years — and prices of copper have followed. After copper imports into the United States plummeted 46 percent in 2009 from the previous year, recent figures show the copper trade is crawling back to pre-recession levels. Are there any implications for copper prices?
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