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MYSTEEL: China copper, aluminum prices set for bullish run on U.S.-Iran escalation

Source: Mysteel Mar 02, 2026 16:20
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The military escalation involving the United States, Israel and Iran is expected to boost copper and aluminum prices in China and raise market volatility, Mysteel Global notes.
On February 28, the U.S. and Israel launched extensive strikes against targets in Iran - operations dubbed "Epic Fury" and "Roaring Lion", respectively. In retaliation, Iran subsequently announced the closure of the Strait of Hormuz.   While the outlook is positive for both nonferrous metals, aluminum is expected to see greater

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