- Metal prices
Metal prices (metal commodities) are only for a few metals quoted on exchanges. Only Aluminium Alloy, Aluminium, Copper, Lead, Nickel, Tin, Zinc and Nasaac (North American special Aluminium alloy) are exchange traded commodities. Other metals (like Bismuth, Selenium, Tellurium and many others) are traded on market demand and the buyers/sellers themselves set the price.
Contracts traded on metal exchanges are also called futures contracts.
There are companies like Asian Metal,Metal-Pages, Metal Bulletin and Reuters that provide a pricing service. They set the price by talking to producers, traders and consumers. These prices are more an indication then an actual exchange price.
Unlike the prices on an exchange pricing providers tend to give a weekly or bi-weekly price. For each commodity they quote a range (low and high price) which reflect the buying and selling range.
The commodities quoted have a specific grade and quality of the forms in which they are most often traded.
Commodity Cobalt Traded forms Cobalt min 99.3% Russian
Cobalt min 99.8% - aerospace application
Cobalt is an important export product of Russia and therefor the Russian quality is often traded. Another form of Cobalt crucial to the aerospace industry is a high grade form of Cobalt with 99.8% purity.
Wikimedia Foundation. 2010.
Look at other dictionaries:
Metal theft — Not to be confused with Medal theft. Metal theft is the theft of metal items on a very large scale. These thefts usually increase when worldwide prices for scrap metal rise. In recent years, prices for metals have risen dramatically due to rapid… … Wikipedia
Metal Gear Solid 4: Guns of the Patriots — North American box art Developer(s) Kojima Productions P … Wikipedia
Metal roof — A metal roof, often referred to as a tin roof, is a roofing system made from metal pieces or tiles. It is a component of the building envelope. Enough corrugated zinc/aluminium sheeting to cover an average sized house, transported by motor cycle … Wikipedia
Metal production in Ukraine — Geographic distribution of ferrous and non ferrous output, expressed in monetary value per capita. Metal production, in particular iron and steel industry, is the dominant heavy industry in Ukraine. Ukraine is the world s eighth largest producer… … Wikipedia
Prices of elements and their compounds — This table lists the elements by their name and gives some recent historical prices for them and their commonly traded compounds. The first of the two price columns shows the price in US dollars per kg of the compound specified. The second shows… … Wikipedia
Precious metal — A precious metal is a rare metallic chemical element of high economic value. Chemically, the precious metals are less reactive than most elements, have high luster, are softer or more ductile, and have higher melting points than other metals.… … Wikipedia
Base metal — In chemistry, the term base metal is used informally to refer to a metal that oxidizes or corrodes relatively easily, and reacts variably with diluted hydrochloric acid (HCl) to form hydrogen. Examples include iron, nickel, lead and zinc. Copper… … Wikipedia
London Metal Exchange — Type Commodities exchange Location London, United Kingdom … Wikipedia
Muntz metal — Bow of the Cutty Sark Muntz metal is a form of alpha beta brass with about 60% copper, 40% zinc and a trace of iron. It is named after George Fredrick Muntz, a metal roller of Birmingham, England who commercialised the alloy following his patent… … Wikipedia
China Metal Recycling — (Holdings) Limited 中国再生金属资源(控股)有限公司 Type Privately owned company Industry Recycling industry Founded 2000 Headquarters … Wikipedia