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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who started this subject4/8/2004 12:47:40 AM
From: ild   of 110194
 
Industry Groups Seek Restriction
Of Copper-Scrap Exports to China

By PAUL GLADER
Staff Reporter of THE WALL STREET JOURNAL
April 8, 2004; Page C3

Two metals-industry groups filed a petition with the Commerce Department to restrict exports of copper scrap and copper-alloy scrap to China, saying China's rising imports from the U.S. have caused shortages and price increases.

The Copper and Brass Fabricators Council Inc., in Washington, and the Non-Ferrous Founders' Society, based in Park Ridge, Ill., say their members are having difficulty obtaining raw materials and managing price increases and believe export restrictions would help control domestic supply.
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