UPDATE 1-INTERVIEW-Aurubis CEO says trading conditions improving

Fri Jul 10, 2009 11:24am BST
 
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* Says demand for some copper products rising

* TC/RCs and scrap smelting fees seen firming

* Operating profit expected in full financial year 2008/09

* Says LME copper price likely to remain about $5,000 a tonne

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By Michael Hogan and Jan C. Schwartz

HAMBURG, July 10 (Reuters) - Aurubis (NAFG.DE), Europe's largest copper producer, sees evidence of a recovery in its business environment, CEO Bernd Drouven said on Friday.

"Trading conditions are more positive than at the beginning of the year, the lower energy prices are also contributing," Drouven told Reuters. "We are relatively optimistic."   Continued...

 

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