Winning bid at Defense auction tops $1 million for year of brass

Nov 10, 2006 | 03:25 PM | Paul Schaffer

An electronic scrap auction that lasted nearly two hours past the normal deadline surpassed the $1-million mark and priced a year's worth of brass ammunition scrap at $2.24 a pound in Washington state.

The Thursday price was in line with a $2.18 average earlier in the week for spot sales on the same sort of material sold using the same online auction platform (AMM, Nov. 9).....

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