Copper premiums climb in Europe

Dec 09, 2013 | 11:49 AM | Mark Burton

Tags  copper premiums, London Metal Exchange, Aurubis, Atlantic Copper, Stefan Boel, Europe premiums, spot supply, Mark Burton

LONDON — Copper premiums were quoted as high as $180 per tonne in Rotterdam, the Netherlands, this past week and are climbing due to a thinly supplied European physical market, participants told AMM sister publication Metal Bulletin.

The strength in premiums follows large-scale shutdowns by Hamburg, Germany-based Aurubis AG and Madrid-based Atlantic Copper SA, which began in September.....

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