Despite lower copper prices, the black market trade in stolen copper is thriving, and has led politicians in the US and the UK to crack down on the practice. The scrap copper market is also being supported by legitimate copper recycling.
Articles Tagged "copper recycling"
Scrap copper is an important source of the red metal. The use of scrap copper is expected to rise in the coming years, as a necessary means to compensate for declining supplies of mined copper.
Europe’s largest copper producer, Norddeutsche Affinerie, plans to invest 62.5 million euros to grow its copper scrap recycling ability at its Luenen plant in central Germany. The expansion would increase their capacity from its current 220,000 tonnes to 350,000 tonnes by 2011. Norddeutsche plans to add a second smelter and equipment to decrease waste gas [...]