Copper Faces a Volatile Outlook | Presented by CME Group
Bloomberg Televisionยท2025-08-06 15:31
Copper's role in modern technology and electronic infrastructure has increased global consumption to above 25 million metric tonses per year. Metal is now the third most used after iron and aluminum. Much of the demand is driven by electric vehicles, renewable energy, and AIdriven data centers.The price though has been wildly volatile in 2025. New 50% US tariffs announced on July 8th had pushed copper prices to record highs, including a 13% jump in one day, driven by fears of a supply disruption. But on Jul ...