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 Scrap Metal Salvage
 China scrap copper market on 1st, July
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n/a
deleted


81 Posts

Posted - 07/01/2008 :  03:04:50  Show Profile Send n/a a Private Message
WorldScrap- As dollar rebounded yesterday offsetting the concerns over national-wide strike in Peru, LME copper settled up 15USD to 8560USD yesterday. The demand for metal, is going to be slow down, said the investors, while the stock market remained hobbling ahead, which drifted some investors shifted away to base metal futures market. SHFE copper futures opened higher and later inclined to stable later. Scrap copper price kept relatively flat while the trade maintained in coldness.

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kavajava
Penny Collector Member



USA
490 Posts

Posted - 07/01/2008 :  12:24:50  Show Profile Send kavajava a Private Message
I really do not think the demand is going to slow long term--India and China will see to that.
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