Scrap Metal Prices: Don't Expect Much From Copper
We read an article this week about the power of copper and how the market may still be getting ready to go higher. This article discusses the massive electricity demand, with global electricity consumption potentially doubling by 2050.
With the electric and solar push across the world, we may continue to see copper prices increase and demand increase over the next few years. While this is more of a big-picture view, this does give us an insight into where the copper markets could be headed, and we may be at or near the bottom of the market for the foreseeable future.
Read more: https://iscrapapp.com/?p=1227235
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