Originally Posted by
eesakiwi
Since the demands created at the mills and it takes time for the metal to get there, and thru several different hands and thru several different company's.
And since, when its cold up there in the northen hemisphere, its warm down here, I don't think prices would change much.
Prices do tend to drop just before Christmas here, by about ten percent maybe.
But that's more due to the Christmas break of a few weeks, that there's more nonferrous dropping into the market, which may sit for a extra fortñight before being moved on.
But that's the local prices in NZ. Not international.