Copper, brass prices drop on poor demand

Jan 17, 2013 | 02:01 PM | Nathan Laliberte

Tags  copper scrap, brass scrap, light copper, No. 2 copper, red brass, yellow brass, radiators, nathan laliberte

NEW YORK — Brass ingot makers’ light copper scrap and No. 2 copper scrap prices have declined over the past week on poor demand.

Light copper scrap fell to a range of $3.12 to $3.16 per pound on Jan. 16 from $3.21 to $3.23 on Jan. 10, and is now trading at a discount of 45 to 49 cents per pound under Comex.....

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