World’s industrial comeback steers metals to multi-year high
Sun, Apr 25, 2021 2:27 PM

World’s industrial comeback steers metals to multi-year high

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Industrial metals from copper to aluminium to iron ore have rallied to the highest level in years. Copper, critical for electrical wiring to motors broke out of its recent range to trade near the highest since the last supercycle as industrial operations ramp up worldwide. Iron ore, aluminium and steel are meanwhile gaining on speculation that production cuts will shrink supplies.

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