Copper Wire
Copper drawn into wire form, the primary material used in electrical wiring, power transmission cables, and the cabling required inside data centers and EV drivetrains.
Covered in 2 MetalsCost.com News Intelligence articles, most recently on August 14, 2026.
Coverage
Polycab and KEI Turned Record Copper Prices Into Record Profits, Then Cut Prices 3-4% the Moment Costs Eased
Polycab's revenue grew 39% and KEI Industries' EBITDA jumped 53.4% in Q1 FY27, as India's cable and wire makers passed record LME copper prices through to customers via cost-plus pricing, then cut prices 3-4% as copper and aluminium costs moderated in July.
Freeport-McMoRan Beats Q2 Earnings Estimates as Copper's Record Rally Fuels Analyst Upgrades
Freeport-McMoRan's Q2 2026 profit beat Wall Street estimates by 25% as copper prices hit record highs on AI data-center and electrification demand, prompting Scotiabank and Bank of America to raise price targets.