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- LME Aluminum 3M Select trades $29.25 higher to $3162 at 8:26:41 AM
- LME Copper 3M Select trades $291.50 higher to $13051 at 8:26:42 AM
- (Bloomberg) -- Copper climbed toward $13,000 a ton, rising along with other metals in a rally fueled by a broad investor rotation away from currencies and sovereign bonds. The industrial metal advanced as much as 1.8% on the London Metal Exchange, while nickel and tin jumped more than 3%. President Donald Trump’s shakeup of the geopolitical order and renewed attacks on the Federal Reserve are spurring a flight to safety. While that would normally mainly benefit gold and silver, the impact has recently been spilling over into base metals. That’s adding further impetus to copper, which has been on tear since the middle of last year on major mine disruptions, booming demand from electrification and a surge in shipments to the US ahead of possible tariffs.
- CME HRC Steel last traded at $944 and $1 higher at 5:09:16 AM
Price Indications
Today's Charts
Metals Factor Matrix
AEGIS Factor Matrices: Most important variables affecting metals prices
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.