Chinese buys, dwindling stocks give copper scrap pricing boost

Aug 15, 2005 | 11:05 AM | Sean Barry

Copper scrap prices have increased as primary copper on the Comex division of the New York Mercantile Exchange continues to surge and supplies of raw materials dwindle.

Brass ingot makers' No. 1 copper scrap has risen 5 cents to $1.54 a pound in the East and $1.53 in the Midwest, while yellow brass-often considered an export grade-has increased 1 cent to 94 cents a pound in the East and 93....

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