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Copper hits fresh 2-year high on possible China scrap . Copper for delivery in three months on . including electrical wire, motors and bulk scrap metal .
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India Brass, Copper Scrap prices fall; MCX Copper climbs in line with LME Copper Scrap Register 12:06 20th August, 2018-North American Copper Scrap Prices Rose Marginally on Index Scrap Monster 07:06 Latest News
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Falling 0.3% over the afternoon, copper’s three-month price closed at a three-month low, ending below $6,700 per tonne for the first time since March 28. The red metal has come under recent pressure from trade tensions, exemplified by the recent breakdown in US-China relations, in addition to further EU-targeted duties expected to be issued .
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Slow flow Features - Commodity Focus // Copper. . China, the largest consumer of copper scrap, has drastically cut the number of import licenses and quotas issued for that material in 2018. . Delivery appointments for copper scrap have not been readily available, he says, though—at three weeks to 30 days—they are not as far out as they .
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