Copper dazzle dull margins for EV, consumer and engineering goods
Copper’s recent rally to record-highs has sent waves of concern reverberating through the makers of several consumer-focussed and industrial products such as electric vehicles (EVs), consumer gadgets and appliances, electric wires and engineering goods, among others. Futures of the metal on the London Metal Exchange (LME), the benchmark for global prices, hit an all-time-high of…
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