German Copper Scrap Prices Climb with LME Rally
Copper prices on the London Metal Exchange surged higher last week, causing copper scrap grades in Germany to follow suit. According to news service MBI, copper scrap prices increased.
The price hike comes as no surprise given the recent trend of rising copper prices. The metal exchange saw a move upward in copper prices, which is likely to have an impact on the market for copper scrap.