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| Britain |
| Metal prices fall further than during Great Depression |
| 2008-12-03 |
| Posted by:tipper |
| #3 The important thing is that demand for depleted uranium and white phosphorus stay strong. |
| Posted by: ed 2008-12-03 19:53 |
| #2 Exotic alloys prices are not falling very much at all. Inconel, monel, hastelloy, and titanium are still relatively high. Carbon steel and the standard grades of stainless steel (304L and 316L) are falling because of a decrease in demand. |
| Posted by: Deacon Blues 2008-12-03 18:50 |
| #1 Falling further is relative. Importantly, metals have long been the most tightly controlled cartel market out there. In copper, for example, when the US went to mostly fiber optic cable for long distance, enough copper to build several aircraft carriers out of pure copper disappeared into storage, and the price of copper didn't vary at all. |
| Posted by: Anonymoose 2008-12-03 16:48 |