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What does Copper mean?

Copper is a base metal and belongs to the category of common metals such iron, copper, aluminium, lead, zinc, and nickel. Copper ores are extracted from nature and processed and refined. Copper is traded in high volumes in commodity markets and futures markets. It has $60 billion copper-futures market and is considered as a barometer of the global economy. It is also referred to as Dr. Copper.

Futures Knowledge Explains Copper

Copper has many commercial and industrial applications. Copper is used in everything from iPhones to air conditioners. As copper has high thermal and electrical conductivity and other superior properties, copper has wide applications as a conductor of heat and electricity, a building material, and a constituent of various metal alloys.

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