Copper scrap discounts tick higher

Apr 03, 2014 | 04:59 PM | Saranya Kapur

Tags  copper scrap, copper discounts, copper prices, Comex copper, bare bright, light copper, Saranya Kapur

NEW YORK — Copper scrap discounts have increased slightly, with supply reportedly improving due to warmer weather and terminal market pricing also rising this week.

The discount on brass mills’ No. 1 copper increased by a penny, putting prices at $3.03 per pound, with the discount on ingot makers’ light copper also inching up 1 cent to land prices in a range of $2.70 to $2.72 per pound.....

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