Copper Mail

The Aurubis Copper Mail provides monthly information about current trends on the copper market.

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Dear Aurubis Copper Mail readers,

We are pleased about your interest in the monthly market newsletter from Aurubis. With changes going on in the world and at Aurubis, we have reached a point after 181 issues where we would like to establish a new format and a new editor. However, this also means that we won’t be sending the Copper Mail for the time being. We hope you resume reading once we have a new format in place.

Until then – stay healthy!

 

Your Investor Relations team

Glossary

LME

London Metal Exchange

SHFE   

Shanghai Futures Exchange

ECB

European Central Bank

IMF

International Monetary Fund

Backwardation

spot price> forward price

Settlement

official cash selling rate at the London Metal Exchange

Mating season

negotiation season in the non-ferrous metals industry for long-term contracts for the coming year

Copper concentrate

processed copper ore with an average copper content of about 30 %

Treatment and refining charge (TC/RC)

processing fee for converting copper concentrate into copper cathodes

ICSG

International Copper Study Group

CRU

CRU Group, London

 

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