Part of the Scrap Monster editorial team for the past three years, Anil Mathews has been involved in developing relevant and informative news write-ups on global recycling trade. Proficient in researching information on recycling market trends, Anil keeps track of the latest happenings in and around the industry. Possessing adaptive range of writing styles, Anil's articles pay unique attention to evolving technologies capable of redesigning today's recycling industry. His articles cover recycling business trends and developments, chiefly pertaining to Asian markets.
Copper price drops around 1.5% intraday while marking the biggest daily fall the week during early Wednesday in Europe. In doing so, the red metal also snaps the previous three-day rebound from the six-week low.
Copper prices fell to their lowest in two months on Thursday after the U.S. Federal Reserve brought forward its expectations for raising interest rates, sending the dollar higher and sapping demand for metals.