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SMM Weekly Review on Brass Imports (Dec. 5-9)
Dec 15,2011 15:53CST
smm insight
Source:SMM
SMM anticipates brass imports will gradually decrease due to the expiration of Environmental Protection Approvals and as copper prices face considerable upside pressure in the near term.

SHANGHAI, Dec. 15 (SMM) –Quotations stayed stable on the brass market last week. US brass, Western remained between USD 5,280-5,320 /mt, and RMB 41,000-41,500/mt on China's domestic markets. Profits for imported brass held essentially stable at RMB 1,500/mt. SMM anticipates brass imports will gradually decrease as copper prices face considerable upside pressure in the near term and as the expiration of Environmental Protection Approvals will begin to restrict brass imports.
 

brass imports

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