Copper discounts rise on Comex bump

Aug 15, 2013 | 12:45 PM | Nathan Laliberte

Tags  copper scrap, Comex, scrap discounts, No. 1 bare bright, scrap prices, Nathan Laliberte

NEW YORK — Discounts for most copper scrap grades increased Aug. 14 as sharp rises on Comex caused spreads to widen, market participants said.

One copper scrap buyer said that despite a continued shortage of scrap, spreads have widened over the past three days. "Metal is still pretty tight, but spreads are coming out a little bit because Comex went up so....

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