Copper prices continue to rise on the London Metal Exchange. The increase is affecting other raw materials as well, as all base metals are currently priced at a high of over a year in response to an optimistic assessment of a consistent recovery in global demand for raw materials.
Copper showed a minimal decline for three months, but now the metal is becoming more expensive by 0.7 percent. There is optimism in the markets and expectations that spending on industry and infrastructure development in the world will increase in the next year.
The LME Metals Index has risen more than 9 percent since the beginning of November and may be the best since 2012 this month. But some analysts are wary as the UBS Group thinks Copper has gone too far. “Copper could drop again to $ 5,000 a tonne given the level of supply and demand for the metal,” an economist at UBS said in an interview.
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- 11 July 2025
20:00 Subscribers in the comments to the previous post write 18:00 We finalize the Innoprom 2025 info -led the results of the environmental strategy of the MMK group 18:00 The best welders of the Severstal Steel Solutions Group of companies competed among themselves in a professional skills competition! 16:00 In recent years, China has been striving to restrain “blind expansion” in the industry 16:00 Our colleagues, employees of the company from various structural divisions, visited the industrial site of MMK PJSC 16:00 For the first time on the stage of Cherepovets, the artists of the Bolshoi Theater 15:00 HTTPS://VVV. Riversft.ru/vp-content/pulods/2025/07/ro-Digital-Teh-Russia-10_07_2025.PDF 14:00 The court granted the claim of the Prosecutor General's Office to seize the shares of Yuzhuralzolot
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