The Davis Index price for #1 Export Copper is $2.55/lb, unchanged from last week’s index.

 

Copper cathode and #2 copper are indexed at $2.75/lb and 2.39/lb, respectively.

 

Spreads in the US are expected to widen moving into the holiday week and year-end period.

 

Some scrap dealers are happy to sit on what little copper scrap they do have until the numbers strengthen after Jan 1, 2020.
 

 

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