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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.
For each commodity they quote a range (low and high price) which reflect the buying and selling about 9-fold due to China's transition from light to heavy industry and its focus on manufacturing. [2] China became the world's largest consumer of iron ore in 2003, [ 3 ] and accounts for over half of global metal consumption.) [ 4 ]
LME Aluminium (or LME Aluminum in American and Canadian English) stands for a group of spot, forward, and futures contracts, trading on the London Metal Exchange (LME), for delivery of primary Aluminium that can be used for price hedging, physical delivery of sales or purchases, investment, and speculation. [1]
In addition, US industry recycled 3.4 million tons of aluminum (so-called secondary production aluminum). [1] Total annual imports of metal and alloy for use in secondary production stood at 2.6 million metric tons in the year to August 2023, with the previous decade seeing a fundamental shift toward recycled production. [2]
Country Production in thousand tonnes Year World 70,000 2023 China 41,500: 2023 India 4,100: 2023 Russia 3,800: 2023 Canada 3,000: 2023 United Arab Emirates 2,700: 2023 Bahrain
The FD-ID system replaced the PPI "stage-of-processing" (SOP) system as PPI's primary aggregation model with the release of data for January 2014. The scope of the SOP system was narrower than the PPI index. [4] Over 600 FD-ID PPIs are available measuring price change for goods, services, and construction sold to final demand and intermediate ...
Aluminum can prices vary by region and are based on weight. The average recycling value per pound of cans in the U.S. is currently $0.56. How many aluminum cans are in a pound?
Each index measures price changes from a reference period defined to equal 100.0. An increase of 20 percent from the base period in the Export Price Index, for example, is shown as 120.0, which can be expressed in dollars as follows: “Prices received by domestic producers of a systematic sample of finished goods have risen from $100 in the ...