Copper on the London Metal Exchange holds the latest price levels reached, supported by China PMI data. Metal on the LME for delivery in 3 months is measured at $ 5838.00 per tonne.
The PMI index, indicating the situation in the Chinese industrial sector, was 51.8 points in March, compared with 51.6 points a month earlier, while analysts estimated the PMI at 51.7 points.
On Friday, copper on the LME fell 2 percent to $ 5838.00 per tonne. It was in response to the end of the strike at the Freeport McMoRan copper mine in Peru and reopening after more than 40 days of protest at the copper mine in Chile, which is owned by BHP Billito.
Analysts note that, among other things, strikes and floods have led to a reduction in copper supplies in the global metals markets. However, copper is currently trading 40 percent below its record high in 2011, when the metal was valued at more than $ 10,000 per tonne on the LME London Stock Exchange.
+38 (097) 475-20-95
|
|
|
Subscribe to news 
Metallurgy news
- Today
03:00 Brazilian raw steel production in August decreased 03:00 Steel exports to the United States increased by 0.8 percent in July 2025 02:00 Import steel in the United States decreased by 9.8 percent in July 2025 02:00 In July 2025, exports increased by 1.3 percent by 1.3 percent. - 17 September 2025
19:00 Directorate of general competition Czech competition provisions of the acquisition of IROMET SICAV assets of liberty Ostrava 19:00 Coca market negotiations: there are opportunities for the coming period, despite high interest rates and protectionist pressures 19:00 Norilsk Nickel personnel amplification: a team for new challenges 18:00 Acciaiere d’ Italia stops BF No. 4, repair work continues
Publications
17.09 Vibir iztrmenting vib vibrator Apro 17.09 16.09 Border zone Bila Zovnіshnіkh sting: Zmensny Kroku Trubi for compensation heating 15.09 Operational solution to problems with car keys 15.09 Concrete circles "PD Key": Shcho come in the list of installation
