UBS stated on Thursday that significantly tighter products of copper in the coming 6 to year might cause a deficiency of greater than 200 000 t in 2025, as need expands for the steel secret to power shift.
Copper rates on the London Steel Exchange (LME) are anticipated to typical $10 500 and $11 000 per statistics heap in 2025 and 2026, specifically, UBS stated.
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