GLG News by Metal Recycling Experts

Base metal prices have been somewhat bearish as of late as have other commodity prices such as oil and gas.  Speculators often react and overreact to daily news items forcing large swings in commodity pricing. However the greatest real effect on commodity prices will be whether Chinese buyers come...

While reviewing the performance of resource funds for the first quarter of 2008,  I realized that there is now an availability of buying or selling specific commodities for actual users as a 'hedge' against price volatility.

As published in Recycling Magazine Feb 2007, “Survey of Forecasts”, basemetals.com compiled price predictions of 22 analysts. These analysts are paid researchers that spend their time analyzing the metal markets.   In order to determine the price prediction, in this case in one year, the analyst...

Being an actual metal trader, selling scrap metal to mills and refiners, I believe I have a unique perspective on the base metals market. When selling scrap to a mill or refinery, the price is most often calculated using a mathematical formula.   Changes to the formula indicate changes in interest,...

The fp trading desk has made a bold prediction on short term copper prices which expects a price increase of 20% in a matter of one or two months. Their use of recent historic economic data does not tell the whole story.

Wheeling-Pittsburg Corp. has been sued for not paying for scrap steel. They claimed the scrap was out of specifcation. Assuming their claim is accurate, under what rule of law do they get to keep the scrap without paying for it?

The article was right on target. Expect further cuts. India may become more active.

It  is  good  that  we  are  paying  so  much  of  attention  to  the  environmental  needs.  Clear  effects  of  today's  efforts  probably  will  be  seen  after  quarter ...

Tourism  works  against  communism. Seeing  is  believing!  Tourism  makes  people  to  demand  how  they  want  their  country,  this  planet  to  be. Tourism  generates  ambitions ...

EU  is  working  hard  and  struggling  to  make  Russia  do  business  on  internationally  accepted  terms.Russia  needs  EU  no  less  than  EU  needs  Russia.There  is  nothing ...