US copper scrap discounts narrow
Jun 13, 2013 | 05:42 PM
| Nathan Laliberte
NEW YORK Discounts for some copper scrap grades eased June 12, with sources noting that ongoing supply concerns and strong demand from overseas were serving to bolster prices.
"If a supplier has a good load of bare bright to ship, they can pretty much name their price," one copper scrap trader said. "But there hasnt been a lot of scrap out there, so it doesnt really matter. If Comex gets a nice bump, supply will open up a little bit and sellers will start offering material....
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