That's because copper is used in damn near every manufactured good, not to mention power-transmission (infrastructure/RE development/housing).
Copper prices are showing strain amid worries that Europe's sovereign-debt problems will substantially erode demand and create a surplus of the industrial metal.
Crack dealers hardest hit
Comment number one is from my husband btw :-)
Maybe they'll stop stealing it out of all the foreclosed homes.
Copper's so cheap I'm gonna have to go back to scrapping manhole covers.
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