Few changes in US copper scrap market

The copper scrap market in the United States lacked direction on Wednesday November 3, with many participants saying demand and supply remain in good balance and changes will largely be based on movement in terminal markets.

"[The] copper trade is very quiet and stable and well balanced between supply and demand, albeit at lower levels," one dealer source said. A consumer agreed that "there's plenty of metal around and demand and supply seem roughly in balance. It could be a quiet end to the year."  Sources did not expect much impact from a recent...

Published

Thorsten Schier

November 04, 2021

19:29 GMT

New York