Copper Fever: What's Behind the Surge in Industrial Metals The copper market is experiencing a sustained surge, with Freeport McMoRan (FCX) flashing a buy signal that has sent shockwaves through the industrial metals sector.
FCX shares are up, along with those of Teck Resources (TECK) and the United States Copper Index Fund ETF (CPER).
The company's stock price increase is being driven by strong demand for copper, which is used extensively in construction, electronics, and other industries. The U. S.