https://newsletter.mw.creamermedia.com
Copper|Energy|SECURITY|Steel
Copper|Energy|SECURITY|Steel
copper|energy|security|steel

Carlyle’s Currie says tariffs to add security premium for metals

Jeff Currie

Jeff Currie

12th March 2025

By: Bloomberg

  

Font size: - +

Carlyle Group’s Jeff Currie warned of a “security premium” that will be added to the cost of metals like copper as tariffs mean that countries will need to pay more to ensure domestic supplies.

“Energy security is top of mind for everyone around the world right now,” Currie said during an interview with Alix Steel on Bloomberg Radio minutes after President Donald Trump announced plans to increase steel and aluminum tariffs to retaliate against Ontario’s move to place a levy on electricity imported from the US.

“Volatility is going to explode across all these markets,” Currie said, referring to energy and metals. The interview took place at the CERAWeek by S&P Global conference.

As for oil, Currie says prices could dip to the low $60s per barrel this year, but limited investment and low inventories likely will provide a floor of support for prices.

 

Edited by Bloomberg

Comments

Showroom

Werner South Africa Pumps & Equipment (PTY) LTD
Werner South Africa Pumps & Equipment (PTY) LTD

For over 30 years, Werner South Africa Pumps & Equipment (PTY) LTD has been designing, manufacturing, supplying and maintaining specialist...

VISIT SHOWROOM 
Weir
Weir

Weir is a global leader in mining technology. We recognise that our planet’s future depends on the transition to renewable energy, and that...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (07/03/2025)
7th March 2025 By: Martin Creamer

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.4 0.478s - 147pq - 2rq
Subscribe Now