Trade issues and macro-economic sentiment were affecting copper prices and short-term consumption, but customer demand was "certainly not falling off a cliff," according to the chief executive officer of US producer Freeport McMoRan.
Richard Adkerson said on Wednesday July 24, during a call for the company's second-quarter results, that uncertainties from the trade dispute between the United States and China were affecting confidence levels among some customers and, to a limited degree, short-term demand."We're certainly not falling off a cliff with regard to customer demand, but there is concern due to the trade issues," Adkerson said in...