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.....





Latest Pricing Trends

Poll

Are you stocking more inventory today than 18 months ago?

Yes
No


View previous results