Designs, assemblies and ideas for your home and garden by Smart Metal Group. Connect with us now. We offer metal products, gabions, cold asphalt and others.

The price for nonferrous – metals began to increase

Today the prices for aluminum in the LME began to rise. According to Moscow time by 12.40 p.m. the price for aluminum has increased by 0,15% up to 1,653 $ per 1 ton, while the copper has increased by 0,26% up to 4,722 $, and nickel – 0,29% up to 10,325 $.

The information about the production in China became the reason for such contradictory prices for nonferrous – metals. In July it increased by 6% as compared with last year July, although the level of crediting in this country became minimal for the past couple of years, that is affected building industry.

In the USA the growth of retail has ceased, while wholesale has decreased. According to the USA Department of Commerce, the level of car sales has increased.

At the fifth All-Russian conference “copper, brass, bronze: the tendency of production and consumption” that takes place on 6-7-th of October in Moscow, the outlook and the development of world and Russian market in the sphere of copper and products made on its background, will be discussed.