Widespread tightness of scrap supply

摘要

Although the recovery in some industrial sectors remains muted, there has been a continuing overall improvement in demand for most forms of non-ferrous scrap. Indeed, the lack of a sufficient supply of scrap is a problem identified in many parts of the world. As per April 26, LME cash prices were at the following levels (per tonne): aluminium US$ 2265; copper US$ 7659; lead US$ 2253; zinc (Special High Grade) US$ 2355; and tin US$ 18 950.