Archive for ‘March, 2009’

30 results.

Base Metals Price Outlook March 9 2009

on March 9th, 2009 at 7:47 am

Base Metals It was a good week for copper till Thursday when it fell amidst caution expressed by investors a day ahead of the US employment data. However, Copper futures prices recorded gains on Friday as the LME warehouse copper inventories continued to drawdown and Comex copper stocks decreased. The weakness in US currency against […] ↓ Read the rest of this entry…

Large Auction of Scrap Metals Ends March 10

on March 9th, 2009 at 7:03 pm

Upcoming large military auctions of scrap metal includes event 7084 – for Demil BQ National Scrap Metals – numerous lots consisting of brass, aluminum and steel. The auction ends March 10 at 5pm.  Example lots include: 42,230 lbs approx. of high temp alloy 41,640 lbs approx of fired brass 41,080 lbs approx of fired brass of […] ↓ Read the rest of this entry…

United States Scrap Prices Continue to Fall

on March 10th, 2009 at 12:49 pm

U.S. scrap prices continue to fall since early February. During the first week of March, the U.S. scrap prices dropped further by US$25~29/ton.  Also seeing a price decline was U.S. busheling scrap price which reached US$197~207/ton as well as shredded steel scrap prices which hit US$187~197/ton. Meanwhile H1 scrap was priced at US$162~172/ton. It is said […] ↓ Read the rest of this entry…