China’s Grip on Copper Sets Scene for Make-or-Break Supply Talks
A pricing mechanism underpinning the global copper-processing industry faces a major stress test this week, with negotiations coming to a head at a time when geopolitical tensions are running high,...
By Charlie Zhu, Winnie Zhu · Bloomberg Markets
A pricing mechanism underpinning the global copper-processing industry faces a major stress test this week, with negotiations coming to a head at a time when geopolitical tensions are running high, metal is limited and China’s dominance has left smelters elsewhere struggling to survive.