Copper scrap discounts flat, terminal marts up

Apr 24, 2014 | 04:16 PM | Saranya Kapur

Tags  copper scrap, Comex, scrap discounts, Saranya Kapur

NEW YORK — Discounts on all grades of copper scrap remained unchanged this week amid an uptick in terminal markets and an increase in material generated from retail yards.

The May-delivery Comex copper contract settled at $3.059 per pound April 23, up 1.1 percent from $3.0255 a week earlier. ....

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