15
Apr
00:05
Are rebounding copper prices signalling a new bull market?
In April 2021 Goldman Sachs said “copper is the new oil” in a bullish research report on the red metal, crucial for the energy transition. Pass forward three years and Citi analysts are calling the start of the metal’s second bull market this century.
In addition to the enthusiasm for a new boom cycle for copper, another common point in both reports is the metal price – despite the three-year difference. Back on 13 April 2021, copper prices…
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Anonymous
Very good overview of the weekly steel market.
Anonymous