US brass scrap prices rise on demand uptick

September 18, 2020 / www.metalbulletin.com / Article Link

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...

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