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Heres the current NZ prices. The NZ$ is worth US$0.80cents. So the NZ$ is 80% of the US$
Copper
No 1 $7.43
No 2 $6.94
Domestic $6.62
Burnt $6.62
Radiators $4.04
Aluminium
Cans $0.99
Cast $1.12
Clip $1.21
Domestic $1.12
Extrusion $1.40
Irony $0.30
Brass
Mixed $4.60
Swarf $3.88
Stainless
Solids $1.34
Oversize $0.99
Swarf $0.49
Heavy Steel / per Ton
Heavy Steel $320.00
Lightgrade No. 2 $230.00
Car Bodies $130.00
its weird for me.. im trying to convert the mass and the price at the same time... "(NZ$ x .8) / (weight/2.2)" = price/lb... its a challenge to keep track of for each catagory in my head
just saw on the news copper down again..................gold is up though!
I think if you took his price and divided by 2.2, then multiplied that by .80, you'd get the US price per pound. For instance - The price of copper is NZ $7.43. So, 7.43 / 2.2 = 3.377 (pound). 3.77 * .80 = $2.70 (US) per pound.Quote:
Originally Posted by Filthy
The .80 will change by the exchange rate but the 2.2 will be a constant.
right, i knew my equation didnt look right!