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- LME Aluminum 3M Select trades $13.50 higher to $3015 at 8:48:34 AM
- LME Copper 3M Select trades $-90.75 lower to $14316.50 at 8:48:35 AM
- (Bloomberg) – Copper prices have surged due to the risk that Donald Trump will impose tariffs on the metal, but bulls are growing wary that prices could crash if he doesn't follow through. Analysts warn that the tariff trade has created a bubble in the market that could soon burst if tariffs are ruled out, with prices potentially crashing toward $10,000 a ton. The spread between copper futures on New York's Comex and the London Metal Exchange has collapsed in recent weeks, as traders grow increasingly willing to bet against tariffs, which could have major consequences for the market.
- CME HRC Steel last traded at $1285 and $0 lower at 10/16/2026
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.