Transactional prices for US brass scrap rose marginally on Friday, compared to last week, while spreads remained unchanged.

 

The Davis Index for 360-rod borings was up from $1.765/lb on Feb 7 to $1.780/lb on Friday, while red brass (85:15) increased to $2.08/lb from $2.07/lb. The Index for brass radiators also increased to $1.42lb from $1.40/lb.

 

The spread for C-200 series copper cash remained unchanged from last week at 12¢/lb under Comex, and the spread for C-200 series zinc cash was flat at 5.5¢/lb.

 

The next active Comex price increased to $2.62/lb at its close of Thursday from $2.54/lb, on Feb 7, while the three-month LME zinc cash price was flat over the past week closing at 97.64¢/lb on Thursday, from 97.61¢/lb a week ago.

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