Impact of copper strikes fizzles on scrap inflow, mine rebound

June 12, 2017

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Disruptions at the two biggest copper mines early this year may have only a muted impact on prices after a surge of scrap metal partially filled the supply gap and a recovery in mine output is due to help in the second half.

A strike at the world’s biggest copper mine, Chile’s Escondida, and other disruptions initially prompted worries about shortages of the metal used in construction and power transmission, pushing up prices.

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