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SMM Weekly Review on Brass Imports (Feb. 4-8)
Feb 8,2013 14:20CST
smm insight
Source:SMM
Brass importers continued incurring losses and thus evinced no appreciable interest in importing.

SHANGHAI, Feb. 8 (SMM) –Turning to the brass market, CIF quotations for US brass, Western inched up to USD 5,250-5,280/mt last week. CIF offers for Bulgarian brass increased to around USD 4,930/mt, and roughly USD 4,830/mt for German and Spanish brass. Mainstream quotes for US brass, Western were also raised higher to RMB 38,500-38,900/mt on China’s domestic markets. Brass importers continued incurring losses and thus evinced no appreciable interest in importing.
 

China brass imports
China brass importers
China brass import losses
brass prices

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