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SMM Weekly Survey on Brass Inventories (Oct. 24-28)
Nov 2, 2011 10:51Source:SMM
SMM's survey confirmed that brass inventories at copper rod producers remained low.
SHANGHAI, Nov. 2 (SMM) –SMM's survey confirmed that brass inventories at copper rod producers remained low. Most producers indicated that they dare not replenish stocks due to the recent volatility in copper futures, opting instead on a low-inventory strategy, purchasing on an as-needed basis, to alleviate cash flow pressures.
brass inventories; copper
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