I seem to remember that scrap Cu has some limitations in its...

I seem to remember that scrap Cu has some limitations in its uses?

Regardless, China uses a fair chunk of the Cu supply and there is many uses to soak up the scrap Cu but what’s your thoughts on physical stockpiles verses paper inventory?
Is there an imbalance?

I can’t remember the poster who raised this subject as it was back in my AVB days but it seemed plausible and even more so now with ever increasing demand from limited supply points (some of which have been hamstrung by Covid).

Do you or does anyone else think that we could see this possible imbalance as a Left Field catalyst for a spike in price in the future?