The drop of the NZ$ against the US$ ( our $ was worth 80cents, now 70cents) made out metal go up a little.
Then steel dropped a bit, so everything else went down as well, back to where it was before.
Then steel dropped again, but Aluminium went up a bit. Copper went up a tiny about. Just the market correcting itself.
So, Copper, after all that, dropped about 12cents a lb, or NZ 30cents a Kg.
I lost about $60, or US$45 odd on my Copper stock.
Google, scrapmetalpricesnz to see what we get >
Scrap Metal Price, Pricelist - Metalcorp NZ
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