Will U.S. Tariffs Disrupt Copper and Aluminum Markets?

The Copper Monthly Metals Index (MMI) trended sideways overall, with a modest 0.65% decline from December to January. Meanwhile, the price of copper continues to react to new U.S. leadership and potential changes in trade policy. Traders Bet on Higher U.S. Copper Prices Ahead of President Trump’s inauguration, Comex copper prices started to break out of their sideways range. By mid-January, copper prices hit their highest level since early November. This is likely due to traders pricing in the impact of potential tariffs, some of which may…