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- LME Aluminum 3M Select trades $68.50 higher to $3263 at 8:22:52 AM
- LME Copper 3M Select trades $1076 higher to $14163 at 8:22:52 AM
- (Wall Street Journal) -- The melt-up in metals isn't just about gold and silver: Copper is also scaling new heights. Three-month copper futures on the London Metal Exchange, a key global benchmark, surged more than 6% early Thursday. They recently stood at close to $14,000 a metric ton. U.S. copper futures also leapt. The jump boosted shares in miners such as Antofagasta, BHP and Glencore. Stock in U.S.-listed Freeport-McMoRan gained more than 4% in premarket trading. Demand for copper is booming, lifted by trends such as the AI revolution, growth in electric vehicles and renewable energy, and increased defense spending.
- CME HRC Steel last traded at $973 and $1 higher at 5:09:35 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.