Change of non-ferrous metal listing

23.03.2023 - 8:00 (CET)

With the suspension of the DEL rate in February 2022, HUBER+SUHNER decided to change to the officially published LME (London Metal Exchange: as the base rate for the calculation of the copper price. A surcharge of 3% was to cover additional expenses such as cathode premium and transport. 

With the drastic rise of the cathode surcharge (+85%) and transport costs, we have decided as of 1st April 2023 HUBER+SUHNER is going to apply the copper rate published by Westmetall +1% (see link below). The Westmetall rates avoid the need to negotiate a further surcharge of the cathode costs as this is factored into the calculation.