Industrial metal supply no longer begins exclusively at a mine. Discarded cables, demolished buildings and retired machinery can return substantial quantities of copper, aluminum and other metals to industrial buyers. The timing of that return, however, depends on collection economics and processing capacity rather than geological output. For commodities trading, recycled material introduces a supply response that conventional mine-production forecasts can overlook. Five risks emerge when market participants treat scrap availability as a predictable substitute for newly refined metal. High Prices Can Release Scrap Faster Than Mines Can Respond Rising…
Read MoreRecycling Becomes a Major Source of Industrial Metal Supply
