Copper market is a coiled spring – MINING.COM
As the third most-consumed metal on earth, behind iron and aluminum, copper is all around us. Found naturally in the earth’s crust, copper was among the first metals used by early humans, dating back to the 8th century, BC.
“Right now the copper market is suffering a little due to the coronavirus and trade wars but we expect these to be temporary phenomena. All it means is a delay on the inevitable copper surge that is coming – when trade impediments are solved and the coronavirus is contained, hopefully eradicated, expect copper prices to burst higher like releasing a coiled spring.”
(By Richard Mills)