Brass ammo trends lower in military auction

Nov 27, 2006 | 10:05 AM | Paul Schaffer

A one-year contract for brass ammunition scrap in Texas attracted a top bid of $1.97 a pound last week, a 13-percent retreat from the $2.26-per-pound weighted average for two similar military contracts awarded early in the month in Washington state.

Both unit values include a 10-percent premium paid by buyers using the online auction platform of Government Liquidation LLC, Scottsdale, Ariz., which runs the military scrap auctions.....

Latest Pricing Trends


Is severe weather affecting your business?


View previous results