Why Do Copper Prices Change?

Copper is a crucial material across multiple industries due to its excellent conductivity, corrosion resistance, and malleability. However, its price is highly volatile, influenced by factors such as supply chain disruptions, industrial demand, geopolitical instability, and technological advancements.

As demand surges in key sectors—including renewable energy, electric vehicles, and construction—the global supply struggles to keep pace. Geopolitical conflicts, aging mines, and increasing reliance on secondary copper sources further impact pricing trends. Analysts predict a significant supply deficit in the coming years, potentially driving copper prices up by 20% by 2027.

Understanding copper price fluctuations is essential for businesses reliant on this vital resource. Stay informed and secure your supply with Sequoia Brass & Copper, a trusted domestic supplier since 1983.

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