Scrap Metal Prices and Scrap Metal Auctions

Last year was dedicated to gold, and 2010 seems to be the year of base metals.
According to analysts, prices for aluminium, copper, nickel, lead and zinc are all set to outsmart gold prices this year as industrial demand for these base metals from emerging economies increases.
Chin and India are expected to play as the catalyst [...]

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Base metal prices ended on a mixed note on Monday as markets remained dull by the closure of US financial markets for the Martin Luther King Day holiday. Absence of US economic data also made for sluggish trade and as the complex turned hesitant ahead of important releases later in the week from the US [...]

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Thanks to China and the Fed Reserve’s steps, global base metal prices are set to see new heights now.
China has decided to go ahead with its plans to make use of the recession and prices fall, and stock base metals so that it can boost its future projects. This move has helped the prices of [...]

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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 its [...]

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Base metals ended on a mixed note on Wednesday averting a significant downside. Though news on the economic front was on the weaker side, base metals like Copper, Zinc, and Aluminum managed to end in the positive territory. The downward pressure in base metals was relaxed on the back of similar trend in equity markets. [...]

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Base metals may remain upbeat in the coming week driven by the speculation that the stimulus packages proposed by the governments of the US and China will revive growth and boost demand for industrial commodities. The anticipations regarding the revival of China, the world’s largest consuming nation, by allocation of funds $535-billion (second time) has [...]

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Base metals may remain upbeat in the coming week driven by the speculation that the stimulus packages proposed by the governments of the US and China will revive growth and boost demand for industrial commodities. The anticipations regarding the revival of China, the world’s largest consuming nation, by allocation of funds $535-billion (second time) has [...]

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