The Trade - Episode #6 with Nick, Brett and Aldo | July 25th, 2025
Update: 2025-07-25
Description
On this episode of A Scrap Life, Nick, Brett and Aldo discuss critical shifts happening in the copper market for scrap recyclers and dealers. The main focus is a significant transition: the industry is moving away from the traditional Comex pricing index to the London Metal Exchange (LME) for copper. This change is occurring because Comex increasingly does not reflect physical trading, with most of its contracts traded by financial institutions rather than physical traders. In contrast, the LME more accurately represents actual physical copper trade globally. Produced by Recycled Media.
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