With the price of metals jumping on the LME, this has also had an impact on the price of scrap.
According to last week’s Intelligence report, copper was up by £575 per tonne, while brass increased by £150 per tonne.
Aluminium grades saw an increase of £175 per tonne.
Key paper grades were also on the rise with OCC up by £3 per tonne and mixed paper up by £4 per tonne on the back of increasing demand.
This didn’t translate to plastics grades though, which stayed stubbornly stable.
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