Articles Tagged "United States"

The Other Side of Low Copper Prices: How the Market Affects Mineworkers

The red metal is commonly referred to as Dr. Copper, and most are aware of how closely it's tied to the economy. However, copper also affects the economy in another, less-talked-about way — it creates jobs for miners in countries around the world, and with lower copper prices, jobs in some of those areas might be at risk.

Copper Futures Dip on Stronger Dollar reported that copper futures fell to the lowest in a week on Monday on the back of a stronger US dollar. Copper for March delivery on the New York Comex hit $2.799 per pound after briefly touching $2.797.