Metal exchange recovery boosts German copper scrap prices

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News of a two-week ceasefire between the United States and Iran led to an easing of crude oil prices and lifted sentiment on international financial markets. Copper prices also moved higher, with the London Metal Exchange (LME) reaching a three-week high in the middle of the week commencing 6 April. This lent momentum to copper scrap prices in Germany.

According to news service MBI, buying-in prices for copper scrap rose by last week....

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