On September 14, Southern Copper Corp fell 4.39% in pre-market trading, trading at $189.00/share, with turnover of $136,100. The decline came as the broader copper sector continued to trade under pressure amid lingering uncertainty over U.S. refined copper tariff policy.

Reports earlier indicated that the White House had not yet reached a decision on whether to impose tariffs on refined copper imports, with officials weighing the benefits of supporting domestic copper production against the risk of higher manufacturing costs and consumer burden. The unresolved tariff question has undermined the scarcity trade that had previously driven LME copper to a record high of $14,875 per ton, with the benchmark subsequently retreating over 3% as speculative positioning unwound.

The weakness was broad-based across the copper sector. Among peers, Freeport-McMoRan declined 2.62%, Ero Copper fell 2.62%, and TREKOR METALS dropped 4.67%. Southern Copper Corp, one of the world's largest integrated copper producers with mining, smelting, and refining operations across Peru and Mexico, remains closely tied to copper price movements regardless of its long-term project pipeline.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)