Home » Copper and iron at record prices, here are the reasons for the rally (and what could stop it)

Copper and iron at record prices, here are the reasons for the rally (and what could stop it)

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New upside for metals, which do not stop updating records. Copper continues to trade over 10 thousand dollars per ton on the London Metal Exchange (Lme), now one step away from the all-time highs of February 2011, when it reached 10,190 dollars. In the meantime, iron ore has exceeded $ 200 per ton on the Chinese spot market, according to the findings of Mysteel, while futures in Singapore on Thursday 6 with a jump of 5% went to $ 196.40, a record from …

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