With its ability to conduct heat and electricity and its resistance to corrosion and the effects of the weather, copper has many industrial and manufacturing applications:
- Electrical wires
- Piping
- Roof tiles
- Industrial machinery
- As part of an alloy
Copper is widely available and one of the most used metals globally. Both supply and demand are therefore high.
With the high demand for copper in industry, the factor that most greatly affects the price of copper is the health of the local and global economy.
