Lengthy copper scrap squeeze may kill off ingot makers Stein

Nov 29, 2005 | 10:38 AM |

The squeeze in copper scrap, if prolonged, might discourage U.S. ingot makers sufficiently to deplete their number further, a recycling executive said.

"In the ingot-maker grades, one has to wonder if there will ever again be enough material to satisfy an industry that has arguably been in a state of overcapacity for a very long time," Robert Stein of Alter Trading Corp. wrote in the latest Bureau of International Recycling newsletter.....

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