Copper tops $5 per lb as 2026 talks, policy risk harden
Copper traded around $5 per lb. ($11,000 per tonne) on Friday as industry participants warned that 2026 contract negotiations could be the toughest in years, with policy uncertainty in the…
Bank of America
Weak steel demand puts pressure on iron ore prices, BofA says
Bank of America warns weak steel demand will mean “further room to the downside” for iron ore prices. “In our view, with our base case of annual crude steel production…
Bank of America cuts base metal price forecasts on gloomy near-term outlook
BofA Global Research is lowering its price forecasts on key industrial metals for this year and next as headwinds including high energy prices, rising rates and slowing growth increase the…