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German copper concern Aurubis slides deep into the red in the third quarter of 2012/13

Valuation effects and weak market for copper scrap / No change in sight

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(D) – Europe’s largest copper producer and the world’s largest copper recycler Aurubis AG plunged far into the red in the third quarter of its financial year. The Hamburg-based concern reported an IFRS loss of €247m compared with profits of €6m in the prior-year quarter for the quarter ended 30 June. For the ...

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