Iillustration 19276996 / Dirk Erck / Dreamstime
Illustration 60886103 / Kheng Ho To /Dreamstime
Illustration 19276996 / Dirk Erck / Dreamstime

Copper buyers in Europe avoiding warehouse stockpiles and going directly to producers for their purchases

May 16, 2013

This Bloomberg report says Nexans is reporting that copper buyers are “trying to avoid taking metal from warehouses approved by the London Metal Exchange and going directly to producers instead” because of long waits for product.