Copper market hopeful US premium will rise in February

Copper premiums were stable in the United States over the past week with market participants sidelined during an extended holiday weekend, although signs continue to emerge that a price increase is coming.

The US copper cathode premium stood at 5.25-5.75 cents per lb delivered to the US Midwest on Tuesday January 16, where it has remained since November 21, according American Metal Market's assessment.

Unlike last year - when consumers suffered a weak winter and overall poor first...


Dalton Barker

January 17, 2018

01:20 GMT