PRICE NOTICE: US copper rod premium launch
May 03, 2018 | 02:48 PM
American Metal Market on Thursday May 3 published its first monthly price assessment for US copper rod premiums.
After a consultation period, American Metal Market has launched the premium to unite coverage of the US copper cathode and US copper scrap markets. Additionally, the US rod market has seen solid growth over the past few years, and there is currently no continuous assessment of the market.
The following shows the specifications of American Metal Market’s new copper rod premium assessment:
Copper rod premium
Currency and unit: US cents per pound
Pricing point: delivered Midwest
Quality: purity of 99.95-99.99%
Frequency: monthly, first Thursday
Price type: assessment
Gauge: thicknesses of 8 millimeters or 0.3125 inches
Typical lot size: 25,000 pounds
To provide feedback on these changes or if you would like to provide price information by becoming a data submitter to these prices, please contact Dalton Barker by email at: email@example.com. Please add the subject heading FAO: Dalton Barker re: copper rod premium.
To see all of American Metal Market’s pricing methodology and specification documents, click here.
Editor’s note: This pricing notice was updated on Friday May 4 to correct the gauge listed for the US copper rod premium assessment.