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Metal prices are the prices of metal as a commodity that are traded in bulk at a predefined purity or grade. Metal can be split into three major categories, precious metals, industrial metals and other metals. Precious metals and industrial metals are priced by trading of those metals on commodities exchanges. [1]
American Metal Market (AMM) is an online provider of industry news and metal pricing information for the U.S. steel, nonferrous and scrap markets. Products include a daily publication available electronically, live news on the publication's website, a hard-copy magazine and a series of weekly newsletters covering niche markets.
Price Per Pound of Aluminum. Alabama. $0.49. Alaska. $0.23. Arizona. $0.40. Arkansas. ... Scrap metal prices are determined by current market conditions and will increase and decrease based on ...
Live cattle is a type of futures contract that can be used to hedge and to speculate on fed cattle prices. Cattle producers, feedlot operators, and merchant exporters can hedge future selling prices for cattle through trading live cattle futures, and such trading is a common part of a producer's price risk management program. [1]
"For example, beef short ribs are very popular in Asia," he says, noting that prices for short ribs have doubled in the past 18 months to about $3 a pound. High Prices to Continue
The industry produced over 74 million net tons per year as of November 2024. [1] Most iron and steel in the United States is now made from iron and steel scrap, rather than iron ore. The United States is also a major importer of iron and steel, as well as iron and steel products.
For example, in 2008, more than 97% of structural steel and 106% of automobiles were recycled, comparing the current steel consumption for each industry with the amount of recycled steel being produced (the late 2000s recession and the associated sharp decline in automobile production in the US explains the over-100% calculation). [15]
Prices in restaurants are rising across the spectrum, from top-notch eateries to fast food chain Wendy's, which has raised the price of its quarter pound burger by 4-8 cents in the past year.