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Your email address will not be published.