Copper Prices Weaken, Copper Scrap Market Sees Mediocre Trading
By Ian Williams, manager
updated:
After narrowly missing September's all-time high in mid-October, the LME copper price fell by around $300 during last week. This also led to declining prices on the German non-ferrous metals recycling market.
According to the news agency MBI, wholesale buying-in prices for copper scrap fell by €15 per 100 kilogrammes across all grades in Germany last week. Heavy and light brass scrap prices declined by €5, while new rolled brass scrap fell by €15. Old zinc and old lead lost €5 and €2, respectively. Aluminium scrap prices also fell by €5 per 100 kilogrammes across all grades covered by MBI. V2A and V4A chrome-nickel stainless steel scrap prices were unchanged from the previous week.
Subscribers can access the MBI price table for non-ferrous scrap metals in Germany along with historical data and graphing tools using the button below:
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Copyright notice The individual articles, tables and other contents published by EUWID are protected by copyright and are provided exclusively for the client's own use and the use of the client's employees. In the absence of a more extensive licence agreement, only one copy may be printed for circulation at a single business location designated by the client. Digital distribution of EUWID contents, especially by intranet or by e-mail, within a company, throughout a group of companies, or outside a company is not permitted and constitutes an infringement of copyright law. Read more in our FAQ.
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