Imminent End to Government Shutdown Boosts Industrial Metal Prices
Prices of many industrial metals, including copper and aluminum, have ticked upwards after it was confirmed that the U.S. Senate had passed a bill to re-open the government. This bill has now been sent to the House of Representatives for consideration before it goes to Trump’s desk for signing. The longest shutdown was triggered by demands from Democratic Senators that healthcare subsidies be extended beyond the end of this year. The GOP wasn’t having it, and the spending bill was held up until an agreement could be reached on this contentious issue. Over the weekend, a group of moderate Democrats…