Higher grades of copper scrap feel downward pressure
Nov 07, 2006 | 11:43 AM
| Sean Barry
Prices for higher grades of copper scrap have come under more downward pressure as primary metal on the Comex division of the New York Mercantile Exchange shows signs of weakness.
Brass ingot makers' No. 1 copper scrap has dipped 5 cents to $2.99 a pound in the East and 4 cents to $3.01 a pound in the Midwest, while No. 2 copper scrap fell 2 cents to $2.84 a pound in the East and $2.85 a pound in the Midwest.....
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