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German copper and aluminium scrap prices rise amid LME rally

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copper scrap and aluminium scrap, stock image

The LME copper price was followed a clear downward trend last week. The impact of the price movement on scrap metal prices has been slight so far, but is likely to be seen in a stronger decline this week.

The rally on the metal exchanges continues. At the beginning of June, LME prices for copper and aluminium rose, approaching their all-time highs. The German non-ferrous scrap metal markets also saw prices trend higher in the week commencing 1 June.

According to news service MBI, wholesale buying-in prices for copper scrap rose in Germany. . ....

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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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