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US Copper Plate markets demonstrated renewed firmness in late August ****, with prices advancing *.*** in the final week as physical tightness and tariff-driven import activity offset pockets of profit-taking. The late-month recovery followed a choppy trajectory through August—early-month gains gave way to a mid-month pullback as high prices prompted downstream hesitation, before renewed upward momentum reasserted itself. COMEX Copper Plate futures had touched all-time peaks in three of four sessions before profit-taking ahead of the Federal Reserve**;s Jackson Hole symposium triggered a retreat of just over **, with September delivery declining *.** to approximately $**,*** per tonne.
Demand fundamentals remained broadly constructive for Copper Plate across key end-use sectors. The electrification theme—encompassing grid upgrades, electric vehicles, and AI data-center cabling—continued to provide a powerful bullish undercurrent, while federal grid modernization contracts pulled through additional thick-gauge bus-bar plate. Notably, new North American data center...
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