German scrap metal merchants report stable to slightly rising prices

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Following the price gains at the start of November, the LME copper price stabilised just above the 8,000-dollar mark in the second week of the month. The scrap metal market in Germany also saw only minor price changes last week.

New service MBI reported broadly stable prices for the week commencing 6 November. Wholesale buying-in prices for copper, brass, aluminium scrap, old zinc and nickel-chrome steel cuttings were unchanged from the prior week....

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