Copper scrap prices fall as demand dries up
Sep 12, 2013 | 01:28 PM
| Everdeen Mason
NEW YORK Ingot makers red brass scrap prices continue to drop as demand for the metal dries up, market participants said.
"This is the biggest revenue change in my buying career," a copper scrap buyer said. "Ingot makers always wanted (red brass), but today theyre not going to buy it."
Red brass scrap is now in a range of $2.45 to $2.49 per pound, down from $2.46 to $2.50 previously, consumers, traders and sellers told AMM.....
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