Article

2008-12-03 Britain

Metal prices fall further than during Great Depression

Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.

Posted by tipper 2008-12-03 12:57|| || Front Page|| [1 views ] Top

#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|| 2008-12-03 16:48|| Front Page Top

#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">Deacon Blues 2008-12-03 18:50|| 2008-12-03 18:50|| Front Page Top

#3 The important thing is that demand for depleted uranium and white phosphorus stay strong.

Posted by ed 2008-12-03 19:53|| 2008-12-03 19:53|| Front Page Top

23:52 Jolutch Mussolini7800
23:51 JosephMendiola
23:44 Jolutch Mussolini7800
23:37 JohnQC
23:34 JosephMendiola
23:32 Jolutch Mussolini7800
23:29 KBK
23:21 JosephMendiola
23:12 OldSpook
23:12 JosephMendiola
23:09 USN,Ret.
23:08 OldSpook
23:01 USN,Ret.
22:55 Verlaine
22:52 JosephMendiola
22:47 DMFD
22:45 trailing wife
22:43 JosephMendiola
22:38 DMFD
22:32 trailing wife
22:29 JosephMendiola
22:17 no mo uro
22:15 JosephMendiola
22:07 JosephMendiola