Copper prices hit record high
Digest more
London-listed miners popped Thursday with the coppor market in turmoil, as investors digested better economic news from China.
Trump ordered an earlier investigation into possible tariffs on copper imports, arguing global competitors could pose a threat to national security and economic stability.
The Dow Jones Industrial Average, Nasdaq Composite and S&P 500 each made significant gains on Thursday following the potential of 50% tariffs on copper and Brazilian imports.
The Nymex front month copper future price hit fresh record highs early Wednesday, but pulled back slightly after a spot of profit taking. The U.S. based contract surged 13.25% on Tuesday, a record daily move,