Copper scrap prices decline as offshore sales lose steam
Oct 30, 2006 | 10:11 AM
| Sean Barry
Prices for higher grades of copper scrap have edged lower as primary metal on the Comex division of the New York Mercantile Exchange comes under downward pressure and a pickup in overseas demand fails to meet expectations.
Brass ingot makers' No. 1 copper scrap fell 3 cents to $3.04 a pound in the East and $3.05 a pound in the Midwest, while No. 2 copper scrap has fallen 3 cents to $2.86 a pound in the East and $2.87 a pound in the Midwest.....
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