Copper prices have surged past $13,000 a ton. A renewed rush to ship metal to the US is fueling this rally. This is driven by uncertainty over future US import tariffs. Supply disruptions and underinvestment in new mines are also contributing factors. This situation is creating a squeeze on available metal globally. Investors are showing strong interest in copper.
RR Kabel shares jump 10% as Q1 PAT surges 129% YoY, Ebitda doubles
RR Kabel reported a strong June-quarter performance, with profit after tax surging 129% year-on-year and Ebitda nearly doubling, driven by robust growth in its Wires