Tag: US copper market crash

COMEX copper futures record steepest single-day decline of 20% Order requires 25% of high-grade US scrap to be sold domestically On 30 July 2025, US President Donald Trump signed a proclamation imposing a 50% universal tariff on semi-finished copper products (pipes, wires, rods, sheets, tubes) and copper-intensive derivatives (fittings, cables, connectors, etc.). While initially scheduled…