The World's Industrial Comeback Drives Metals to Multi-Year High
The World’s Industrial Comeback Drives Metals to Multi-Year High Bloomberg 2 hrs ago James Attwood and Yvonne Yue Li (Bloomberg) -- Industrial metals from copper to aluminum to iron ore have rallied to the highest level in years. The reasons for their gains are plentiful: Copper -- critical for everything from electrical wiring to motors and thus a bellwether for the global economy -- broke out of its recent range to trade near the highest since the last supercycle as industrial operations ramp up worldwide. Iron ore, aluminum and steel are meanwhile gaining on speculation...
Source: msn.com