Copper scrap discounts narrow as Comex rises

Dec 12, 2013 | 11:40 AM | Nathan Laliberte

Tags  copper scrap, Comex, bare bright, scrap prices, Nathan Laliberte

NEW YORK — Discounts for most copper scrap grades fell Dec. 11 as market players said that buyers and sellers were reacting to recent recoveries on terminal markets.

Several traders noted that tighter discounts didn’t necessarily reflect a perceived supply shortage for secondary material.....

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