Today’s metals, tomorrow’s prices
13 September 2012
Copper, aluminium and the other iron-free metals are bought and sold mainly as futures on exchanges in London and New York. Simon Casey explains how purchasers should proceed in a changing market
Perhaps you’ve never thought of everyday objects such as the coins in your pocket as terribly exotic, but the copper and nickel used to make most coinage could have been mined in Indonesia or the Arctic wastes of Russia and processed in Australia or India. It may then have been shipped to Rotterdam, lying in a warehouse while its ownership changed several times,...