Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

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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