Price Spread Between Copper Cathode And Copper Scrap Remained High

Jul 03, 2023, at 5:33 pm
SMM

Affected by the Federal Reserve's hawkish speech, copper prices fell but were still at a high level. Sellers of copper scrap sold actively, keeping the supply largely unchanged compared to the previous week. Prices of bare bright copper in Guangdong averaged 62,600 yuan/mt last week, down 733 yuan/mt from the previous week.

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