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Home / Metal News / SMM Weekly Review on Brass Imports (Mar. 4-8)

SMM Weekly Review on Brass Imports (Mar. 4-8)

iconMar 12, 2013 14:40
Losses on imported brass edged down to about RMB 200/mt, but traders still had no intention of importing.

SHANGHAI, Mar. 12 (SMM) –Turning to the brass market, CIF quotations for US brass, Western remained unchanged between USD 5,230-5,250/mt last week. CIF offers for Bulgarian brass held around USD 4,900/mt, and approximately USD 4,800/mt for German and Spanish brass. Mainstream offers for US brass, Western stabilized between RMB 38,400-38,800/mt on China’s domestic markets. Losses on imported brass edged down to about RMB 200/mt, but traders still had no intention of importing.

 

China brass imports
China brass import losses
China brass importers
China brass prices
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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