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- LME Aluminum 3M Select trades $14.25 higher to $3121.50 at 9:13:50 AM
- LME Copper 3M Select trades $137 higher to $12888.50 at 9:13:50 AM
- (Bloomberg) -- Copper advanced with other metals as Goldman Sachs Group Inc. saw continued flows of the metal into the US, a key driver behind its powerful price rally. The industrial commodity has notched a series of record highs since late last year as mines have faltered and a surge in shipments to the US ahead of potential tariffs has tightened supplies elsewhere. Meanwhile, demand is spiking to power the burgeoning artificial-intelligence industry. The once-in-a-lifetime trading opportunity to ship record volumes to the US was fueled by a rally in copper prices there. While the recent spike in prices on the London Metal Exchange has left US futures trading at a discount, Goldman Sachs expects the flows to continue. Goldman Sachs forecast a 600,000-ton inventory build in the US this year, which splits between 200,000 tons in the first quarter, easing in the second and third quarters and picking up again at the end of the year.
- CME HRC Steel last traded at $940 and $1 higher at 1/20/2026
Price Indications
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Important Disclosure: Indicative prices are provided for information purposes only, and do not represent a commitment from AEGIS Hedging Solutions LLC ("Aegis") to assist any client to transact at those prices, or at any price, in the future. Aegis makes no guarantee to the accuracy or completeness of such information. Aegis and/or its trading principals do not offer a trading program to clients, nor do they propose guiding or directing a commodity interest account for any client based on any such trading program. Certain information in this presentation may constitute forward-looking statements, which can be identified by the use of forward-looking terminology such as “edge,” “advantage,” “opportunity,” “believe” or other variations thereon or comparable terminology. Such statements are not guarantees of future performance or activities.