Copper quotes are rising against the background of a deficit of up to $ 10,000 per ton, but imports of iron ore and copper from China are declining, and this will put pressure on prices in the future. There is also a high demand for aluminum - since the beginning of the year, aluminum has already risen in price by 61% and this is not the limit yet. As for copper, in the future, aluminum prices will be pressured by a decrease in demand from China, but so far this is not felt. Kazakhstan, in turn, is increasing the production of aluminum and copper, which will increase exports.
PRESS CENTRE