Copper scrap prices steady in quiet market

Feb 20, 2014 | 02:02 PM | Nathan Laliberte

Tags  copper scrap, Comex, winter weather, discounts, Nathan Laliberte

NEW YORK — Copper scrap discounts were steady Feb. 19 as market participants said tepid trading activity and limited movement on terminal markets had quelled price volatility.

Several sources said that difficult weather conditions across much of the Midwest and Northeast had caused supply to tighten over the past week. "The market is very quiet at the moment and it would appear that scrap supply is tight," one....

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