Copper scrap dead as mart preps for holiday shutdown
Dec 19, 2008 | 12:36 PM
| Tom Jennemann
Copper scrap dead as mart preps for holiday shutdown
Maybe 2009 will be better. That was the sentiment among copper scrap industry players as many recyclers and brass ingot makers started shutting down for the last two weeks of the year, market sources said.
Prices were largely stable this past week, but very little business is being conducted due to the massive economic slowdown. "I did a little bit to go out the first week of January, but I suspect that almost everyone is shutting down the last two weeks of the year," one U.S.-based brass ingot maker said Friday. "I don't think I bought a truckload this week. It's pitiful out there."....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here