US brass scrap prices rise on demand uptick

Some brass scrap prices in the United States rose in the week to Wednesday September 16 due to increased demand; meanwhile, certain copper scrap discounts tightened marginally even as the Comex copper price stayed above the $3-per-lb mark.

Material flows have improved, and buyers can acquire copper scrap units without difficulty, sources said. “Demand has been consistent for the last four weeks,” a brass ingot maker said. “We have been able to procure bare bright with ease; so the flow of scrap is good.” A second ingot maker said that...

Published

Rijuta Dey Bera

September 17, 2020

20:46 GMT

New York