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Non-ferrous prices in Germany rising in response to signal from LME

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Container holding copper scrap
The signal from the LME sent non-ferrous scrap metal prices in Germany higher last week.

The copper price is on the rise again. Following the slump in the first half of the month, the LME three-month price increased significantly again last week, climbing by around $400 per tonne. The rise in the exchange price also led to higher prices on the German non-ferrous scrap metal market.

According to news service MBI, the wholesale buying-in price for copper scrap in Germany rose as did the price of brass scrap.

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Wholesale Buying-In Prices for Non-Ferrous Scrap Metals in Germany
Selling Prices for Non-Ferrous Scrap
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