The attraction for copper nowadays

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Photopqr – Le Parisien – Daboval Adeline

It’s a good and an unfortunate assessment at the same time that we are able to do each year.

In fact, the attraction for copper have increased the business of this type of metal for manufacturers but unluckily for our customers, the steal of copper is a real problem in Europe, until the point that it became a scourge for European countries.

Italy is one of the most important victims of these thefts in Europe. According to the newspaper Le Figaro, between 2010 and 2011 the number of thefts has known an increase of 300%, from 408 to 1226 cases. These thefts represent almost 631 tons of copper which have been stealed during this period. And the numbers are not decreasing. In Belgium the observation is even worst, from 290 cases of thefts in 2009, the Infrabel Group reported 1 362 cases in 2012. The value of the copper robbed was approximately of 8 millions of Euros which is significant for the Infrabel Group according to the Fedra newspaper.

In the United Kingdom, France and other European countries, the observations are the same. In the UK, the police have made of this problem their second preoccupation after terrorism, which is quite representative of the scope of the thefts.

From thorneandderrick.com

The railways are not the only targets of the organized gangs. Electrical communications, communication networks, construction sites or private houses, are also concerned about this problem. The fact of stealing is not the only problem for these companies, there is many consequences for the companies’ victims of the piracies.

These thefts are creating delays for the companies, and for the railways companies, the cost is huge. In the United Kingdom, the thefts and delays of the trains have created 770 million pounds or 900 million Euros in 2011 of loss. In Belgium these thefts have resulted of 66 440 minutes of delay for the SNBC Group.

From LeSoir.be

The cause of the increase in the attraction for copper is that the copper is becoming rare and as a consequence the price is sharply rising. In 2011, the price of a tone of copper represented 8 000 Euros, five times more than ten years before. Sold in the black market the copper means a lot of money for the organized gangs.

The copper is not the only metal attracting these groups, zinc, steel and nickel are also famous metals experiencing a resurgence of thefts.

From Europe1.fr

Shanghai Metal Corporation, as a manufacturer, exporter and supplier of different types of metals as copper, steel, aluminum, etc, provides you, considering the actual issues encountered by many companies, products with competitive  prices and a high quality incomparable to the harmful effect surrounding the label “Made in China”.

For more information about our products, feel free to visit our website to discover a large range of products that could probably match with your needs. And do not hesitate to contact us for specifications.

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Damien / SMC Editor