Copper price approaches new high as warehouses in Shanghai and London see reduced stocks.
Copper Prices Surge for Sixth Consecutive Day Copper saw an increase for the sixth day in a row on Tuesday, marking its longest consecutive gains in four months. This uptick was largely driven by Chinese buyers who were stocking up ahead of upcoming holidays, alongside dwindling inventories observed in Shanghai and London, signaling a tightening […]
Thieves take copper wire from California bakery’s air conditioning during heatwave
A bakery in Pasadena is facing a difficult situation after thieves stole $4,000 worth of copper wire from its rooftop air conditioning unit. Along with the copper, authorities report that the Sweet Red Peach Bakery is seeking $15,000 in damages. “On the first day of this heatwave, someone stole our air conditioning unit,” the baker […]
Sacramento County post office targeted by copper thieves three times
A post office in Northern California has become an unwelcome sauna after thieves targeted its air conditioning units, causing the system to break down three times in just over a month. This has left both employees and customers suffering in the sweltering heat. At the Center Branch Post Office located on El Camino Avenue in […]
Men in California reportedly took selfies while stealing $100K worth of tools and copper.
FBI Arrests First Suspect on ‘Most Wanted Scammers’ List Bill Esseri, an assistant U.S. attorney for the Central District of California, discussed the ongoing crackdown on fraud and the arrest of individuals believed to have siphoned off hundreds of millions of dollars during an appearance on “Saturday in America.” In a related case, two men […]
Trump issues a new executive order altering national security tariffs on imported steel, aluminum, and copper.
Trump Signs Proclamation on Tariffs President Donald Trump has enacted a new proclamation that modifies Section 232 of national security tariffs concerning imported steel, aluminum, and copper. This amendment is part of the ongoing adjustments to the “America First” trade policy. Starting June 8th at 12:01 AM ET, these changes will introduce temporary reductions for […]
Los Angeles is preparing a team of armed guards to combat copper wire theft.
Los Angeles Plans Armed Force to Tackle Copper Wire Theft The power regulator in Los Angeles is considering the establishment of its own armed police unit to address the ongoing issue of copper wire thefts from streetlights. The Los Angeles Department of Water and Power (LADWP) made this proposition in a letter sent to the […]
City seeks $1M to address copper wire theft and streetlight repairs
On Friday, two members of the Los Angeles City Council proposed allocating over $1 million for additional streetlight repairs. This effort comes as the city already spends more than $20 million annually on related issues, leaving some areas in darkness. The motion was put forth by City Council member Nitya Raman, who is also a […]
Wine Country isolated from the rest of America following a series of bold copper wire thefts
Copper thefts have surged in rural Sonoma County, causing significant disruptions to power and internet services — residents have reportedly been without these essential services for two weeks. The Sonoma County Sheriff’s Office revealed that thefts of copper wire, primarily from AT&T poles, began to be recorded across locations like Sebastopol, Graton, Forestville, and Petaluma […]
Copper thieves disrupt internet and street lighting in Van Nuys
The issue of copper theft continues to trouble residents in Los Angeles. In Van Nuys, thieves have targeted internet cables, disrupting service and leaving neighborhoods dark. Surveillance footage captured the moment two individuals—one without a shirt and wearing a mask, the other in a hoodie—pulled copper wire from an underground access point. The incident took […]
Copper falls alongside gold in a widespread commodities decline, with concerning reasons behind it.
A worker is shaping a copper rod sourced from recycled materials at a metal melting facility in Yuexi County, located in central China’s Anhui Province, on July 11, 2025. On Thursday, the prices of metals took a significant hit as investors expressed concerns about the global economic fallout from escalating oil prices resulting from the […]