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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: StanX Long who wrote (56244)11/26/2001 2:39:02 AM
From: StanX Long  Read Replies (1) | Respond to of 70976
 
This is a good sign.
Stan

Friday, 23 November, 2001, 16:35 GMT
Metal prices spark recovery hopes

Aluminium prices have risen by 9% this month


news.bbc.co.uk

It is an old but solid rule that in a manufacturing economy a change in the price of base metals is an early indication of coming economic adjustment.
So the pick-up in base metals prices over the past two weeks is a matter to be welcomed.

Leading the way as usual is copper, one of the most widely used metals in industry after iron.

Huge US copper producer Phelps Dodge timed its bid for Asarco excellently a couple of months ago.