Senior base metals traders are being lured to new jobs as demand for their expertise rises amid supply-chain disruptions and soaring investment in metals-intensive data centres, sources with knowledge of the matter said.
Market for Base Metals Talent Heats Up
Banks are seeing turnover among base metals traders as hedge funds and trading houses step up hiring to expand their commodities teams, the sources said. Aluminium and copper traders are particularly in demand.
Disruption to aluminium shipments through the Strait of Hormuz and uncertainty surrounding U.S. President Donald Trump’s potential copper import tariffs have increased demand for experienced traders. Copper consumption is also expected to rise as investment in data centres and electric vehicles accelerates.
Several high-profile base metals traders have recently changed jobs, including Ben Green, head of base metals at Bank of America, and Benjamin Vicas, head of JPMorgan’s base metals and ferrous trading desk.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.