Saginaw scrap metal recycler sees prices fall amid tariff uncertainty

Saginaw scrap metal recycler sees prices fall amid tariff uncertainty

David Rifkin says the price of copper fell 8 percent on Friday alone.

Copper Plunges More than 5% as Tariffs Hammer Metals and Miners

Copper prices plunged below $9,000 a ton in the biggest drop since March 2020 as worries over the impact of a worsening trade war sparked a heavy selloff in metals and mining equities.

Copper Posts Biggest Weekly Drop Since Covid Crash As Tariff War Hammers Commodities - Nemos News Network

President Trump’s “Liberation Day” tariff blitz—centered on reciprocal tariffs—followed by China’s retaliatory bazooka has triggered a growth scare in markets. Commodities are tumbling, reflecting concerns over deteriorating macroeconomic conditions as the tariff war escalates.  “Commodities taking a cue from the macro with WTI -9% to $61 (had to change this 3x to reflect lower prices) … copper down 5% and natural gas gas hovering around flat … …

"With a cumulative drop of almost 8% since Trump's speech in the Garden of Roses, copper confirms a pronounced bassist guideline, with no positive arguments in the short term," said Maximiliano Saldaña, an analyst for Capitaria's studies.

Copper Down Sharply After Tariff News - Archer Financial Services

COPPER May copper futures declined 4% on Thursday, reaching a three-week low after U.S. President... The post Copper Down Sharply After Tariff News appeared first on Archer Financial Services.

Copper Down Sharply After Tariff News - ADM Investor Services

COPPER May copper futures declined 4% on Thursday, reaching a three-week low after U.S. President... The post Copper Down Sharply After Tariff News appeared first on ADM Investor Services.