The US copper rod premium has again held steady, although market participants noted pressure from solid demand and tightening supply, citing reported output issues at copper rod producer Asarco.
Fastmarkets AMM's assessment of the US copper rod premium was unchanged at 15-17 cents per lb delivered to the Midwest on Thursday March 7; the premium has remained at that level since January 3. "Demand is okay; I wouldn't call it strong," one supplier said. "Supply disruptions benefited the market."Some market participants...