Signs Of Life In Scrap Metal MarketMark Melin
Will scrap metal make a rebound?
Metals such as copper and aluminum are closely watched by certain market participants due to their correlation with economic activity. The price of copper has been on a five year decline, for instance, as economic activity in China had slowed. Now, however, there are new signs of life in a little known sub-set of the copper and aluminum markets that may indicate a larger trend is about to begin.