Copper scrap prices slip as demand eases
Nov 09, 2012 | 02:26 PM
| Barbara O'Donovan
Tags
Copper scrap,
market report,
No. 1 copper scrap,
No. 2 copper scrap,
bare bright,
red brass,
turnings,
radiators
scrap prices
NEW YORK — Copper scrap prices eased Thursday as buyers sat out of the market.
Refiners No 1. copper scrap fell to $3.265 per pound from $3.335 per pound a week earlier, while refiners No. 2 copper scrap traded at $3.07 per pound vs. $3.135 per pound Nov. 1.
Bare bright prices are expected to fall in the coming weeks, with two of the major U.S. consumers reportedly sitting out of the market. ....
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