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

The Davis Index for brass scrap delivered US consumers increased along with the Comex market.


The weekly Davis Index for 360-rod borings rose slightly to $1.565/lb on Friday from $1.55/lb, while the index for brass radiators increased by 1.4¢/lb to $1.464/lb. The index for red brass (85:15) solids moved up by 7.6¢/lb to $1.916/lb.


The Davis Index for the C-200 series alloy copper spread widened slightly by 0.02¢/lb to 13.2¢/lb under the Comex cash contract.  The index for the C-200 series zinc spread narrowed to 7.9¢/lb, tighter by 0.02¢/lb under the LME Zinc spot contract.


The Comex cash copper contract also increased to $2.278/lb on Thursday, up from $2.21/lb a week ago.


The three-month LME zinc official contract increased by $18/mt on Thursday to $1,884/mt, up from $1,862/mt on April 3. The LME markets were closed on Friday for Easter weekend in the UK.

Leave a Reply

Your email address will not be published.