Copper scrap falls on lack of demand, Comex slump
Nov 09, 2007 | 01:50 PM
| Sean Barry
U.S. copper scrap prices have nose-dived on unexpectedly weak demand and falling primary copper prices on the Comex division of the New York Mercantile Exchange.
The bottom continued to fall out of the copper market Friday, with December-delivery prices on Comex plummeting 5.85 cents (1.8 percent) to settle at $3.1455 a pound vs. the previous day's close at $3.204 a pound. Copper had closed out the previous week at $3.325 a pound.....
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