Tag: LME copper remains range bound as tariff uncertainty offsets tight inventories

Adani copper receives LME approval for 0.5 mtpa smelter Aluminium substitution may reduce copper demand by 6% by 2030 LME copper prices remained largely range-bound throughout the week, trading between $13,250–13,350/t before closing at approximately $13,345/t. Prices remained subdued after the 30 June deadline for the US Section 232 investigation into refined copper imports passed…