New MSCI division may impact CBSA
Dec 02, 2011 | 02:50 PM
| Chris Prentice
NEW YORK The Metals Service Center Institute (MSCI) foray into red metals has some market participants wondering whether the trade group will push out the more than 60-year-old Copper and Brass Servicenter Association (CBSA).
While the CBSA has always been focused on copper, the MSCI was founded more than 100 years ago as the American Iron, Steel and Heavy Hardware Association. Known in recent decades as the Steel Service Center Institute, it changed its name to the MSCI when it added an aluminum division and merged with the National Association of Aluminum Distributors in 2002.
Last month, the MSCI announced plans to add a copper and brass specialty division, calling the move a natural extension of the associations services (AMM, Nov. 10). ....
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