The electrical industry's near-term fortunes are influenced by trends in the wider economy. Here's where we gather some of the most relevant economic data pointing to the direction ahead, including industrial purchasing, housing and nonresidential construction, rig counts and a whole lot more.
Not “Ha-Ha” funny, but odd funny. The last report observed that copper inventories held in Comex warehouses had risen sharply, and indeed another near 2,000 MT went on warrant this past week. That by itself is not so odd, but...
Copper has done very well for itself this year, up 73 cents, or 34% from last August, and +39 cents, or +16% on a year to date basis. Interestingly though, the price seems to be ignoring rising inventories that have climbed 71% from last year, and...
