Posted 15 October 2012
This year copper has increased from $2770/ton to $6419/ton – a rise of over 130%. And they say the stock market is volatile!
Some of this pain has been offset by the strengthening pound but it is still a massive rise, particularly in general wiring and power cables where the copper content makes up such a significant part of the price.
Congratulations to all our customers who forward ordered at the beginning of the year to fix prices!