BULL MARKET FOR METALS - PRICES SKYROCKETING

摘要

Tight production capacities, rising costs for raw materials, natural gas, and electricity and with increased costs for fuels and logistics are pushing metal producers to increase the base prices for metals and to add surcharges related to their cost factors over the first half of this year. For example, the price of brass has increased to near USD3.00 per pound. Brass was USD2.00 per pound in February, and was less than USD1.00 per pound in May 2004.