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Copper prices are due to extend their decline next year from record levels touched in 2021 as mine supply ramps up and economic growth tapers in top market China, a Reuters poll found. Benchmark copper soared to a record peak of $10,747.50 a tonne in May, but has retreated about 10% since then, weighed down ...
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Copper prices are due to extend their decline next year from record levels touched in 2021 as mine supply ramps up and economic growth tapers in top market China, a Reuters poll found.
Copper prices retreated on Tuesday, weighed down by a firmer dollar and worries that a power crisis and slower economic growth in top metals consumer China will erode demand. Three-month copper on the London Metal Exchange CMCU3 had eased 0.9% to $9,783 a tonne by 0950 GMT after rising by 1.7% on Monday. High power ...
About $1.5 trillion of investment is needed to decarbonise electricity supplies used to make aluminium so the sector can start meeting United Nations climate goals, an industry group said on Tuesday.
Tata Steel said it has installed a 30 megawatt generator at a British plant that will cut costs and its carbon footprint.... | October 25, 2021