Copper sales in Northern Europe get boost from auto sector


One cathode producer told Metal Bulletin that demand from customers has risen by about 3% year-on-year since January, while a second producer said some customers have been advancing cathode orders under long-term contracts due to the unexpected strength of their order books. The strength in auto demand provided a boost to earnings for major cablemakers, such as Nexans, which reported a 3% increase in orders for automotive harnesses in financial statements for the first quarter filed on May 3.

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