US copper scrap discounts decline
Jun 20, 2013 | 01:15 PM
| Nathan Laliberte
NEW YORK Discounts for some copper scrap grades slipped June 19 as market participants said that downward movement on Comex had caused spreads to tighten slightly.
Discounts for brass mill No. 1 copper scrap fell to 1 to 3 cents below Comex from 2 to 4 cents previously, putting prices at $3.11 to $3.13 per pound based on a July-delivery Comex copper contract settlement price of $3.141 per pound June 19.....
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