Copper News May 7 2024 Copper

Copper News May 7 2024 Copper. World copper mine production is expected to increase by 0.5% in 2024 with growth of 3.9% forecast in 2025, according to a report by the international copper study group. The highest and lowest copper prices recorded in 2024 were us$10,857/t in may and us$8,085.5/t in february, respectively.

Smm expects copper cathode imports in 2024 to be 3.5 million mt, roughly the same as 2023’s 3.51 million mt; Get todays copper (xcu) commodity market news.