Copper prices eased off their record highs as a colder winter in China, the world’s largest consumer, dampened demand. A slowdown in industrial activity fueled concerns over sustained metal consumption, sending shockwaves through global markets
Copper shortages are intensifying the pressure on China’s smelters as this year’s fee negotiations heat up. With soaring demand clashing against limited supply, Bloomberg uncovers how these challenging market conditions are making pricing and contract talks more complex than ever