Tag: continued disruption around the Strait of Hormuz

Citigroup forecasts copper may reach $15,000/t by year-end Chinese scrap inflows disrupted amid new regulatory measures Copper prices on the London Metal Exchange (LME) extended their rally, with three-month copper closing at $13,637/t on Monday, 1.7% higher than last week’s close, as persistent supply concerns and resilient market sentiment continued to support gains. On Tuesday,…