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Refined copper is a form of copper that has been processed and purified to a higher degree than copper ore. It is produced through smelting, electrolysis, and other processes. Refined copper is used in a variety of industries, including electrical, automotive, and construction. It is also used in the production of coins, jewelry, and other decorative items.
Refined copper is traded on the commodities market, and its price is determined by supply and demand. Factors such as production costs, economic growth, and currency exchange rates can also affect the price of refined copper.
Companies in the refined copper market include Freeport-McMoRan, BHP Billiton, Rio Tinto, Glencore, and Sumitomo Metal Mining. Show Less Read more