Copper's Yearlong Rally Feeds Through to Homes, Phones and Cars
Publishing date: Feb 26, 2021 • February 26, 2021 • 4 minute read • Article content (Bloomberg) — In the face of surging copper prices, Carrier Global Corp. has a plan to contain costs: It’s hedging raw materials costs and then charging customers more for its heating, ventilation and air conditioning systems. The Florida-based company’s strategy symbolizes the conundrum facing manufacturers as prices for commodities spike. With a path out of the pandemic in sight, corporate executives, economists and investors betting on a strong recovery face an acid test as produce...