Author: Drishya Yadav
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Copper in transition: Why 2026 is more than just another surplus year?
LME Prices remain above US$13,000/t despite a 221,000 t refined surplus Falling mine output, collapsing TC/RCs shift pricing power upstream from smelters to miners Recycling, refining expansion, feedstock security shift focus on mine production For decades, copper has earned the nickname “Dr. Copper” for its ability to reflect the health of the global economy. Weak industrial…