Copper drops below $7,000 for first time in 20 months as recession fears mount

Jul. 15, 2022 9:19 AM ETFreeport-McMoRan Inc. (FCX), COPX, HG1:COMSCCO, JJCTF, CPER, JJCBy: Carl Surran, SA News Editor9 Comments

Pile of Scrap Copper Rod

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Copper prices slumped below $7K/metric ton Friday for the first time since November 2020, after weaker than expected economic data in China deepened fears about metals demand, as well as worries that aggressive rate hikes from central

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