Copper Pressured Ahead of US-Iran Talks in Commodity News 21/04/2026 Copper futures slipped below $6 per pound on Tuesday, remaining under pressure as investors stayed cautious ahead of further US-Iran peace negotiations. Both sides are expected to send delegations to Islamabad for a second round of talks before the current ceasefire expires, although President Donald Trump said he is unlikely to extend the truce and that the Strait of Hormuz will remain blocked until a deal is finalized. Continued disruption in the key shipping route has intensified the energy shock, lifting inflation and growth risks, with spillovers into manufacturing and broader industrial metal demand. Despite near-term weakness, copper remains underpinned by longer-term structural support from global electrification trends, artificial intelligence expansion, and steady demand from power grid upgrades and construction activity. On the supply side, output remains constrained by mining disruptions, persistent underinvestment, and extended timelines for new project development. Source: Trading Economics 2026-04-21 hellenicshippingnews... window.___gcfg = {lang: 'en-US'}; (function(w, d, s) { function go(){ var js, fjs = d.getElementsByTagName(s)[0], load = function(url, id) { if (d.getElementById(id)) {return;} js = d.createElement(s); js.src = url; js.id = id; fjs.parentNode.insertBefore(js, fjs); }; load('//connect.facebook.net/en/all.js#xfbml=1', 'fbjssdk'); load('https://apis.google.com/js/plusone.js', 'gplus1js'); load('//platform.twitter.com/widgets.js', 'tweetjs'); } if (w.addEventListener) { w.addEventListener("load", go, false); } else if (w.attachEvent) { w.attachEvent("onload",go); } }(window, document, 'script')); tweet Share