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By Tom Stundza -- Purchasing, 12/13/2007

$20/ton

Sheet steel increase

Source: CIBC World Markets

WHAT IT MEANS: Despite a $30/ton increase announcement by the mills, "prices of flat-rolled products in North America in the fourth quarter are expected to rise by $20," says CIBC World Markets analyst Mike Willemse.

7.5%

Copper price drop

Source: London Metal Exchange

WHAT IT MEANS: Buyers were paying substantially less for London Metal Exchange copper in early November as worries about a slowing U.S. economy, moderating global demand, increased production and rising stocks prompted investors to cash in and take profits.

250,000

Metric-ton zinc surplus

Source: Societe Générale

WHAT IT MEANS: As supply expands, prices still come down, say the London-based Societe Générale nonferrous analysts. They say the zinc surplus will continue to grow as production will rise 18% between 2006 and 2008, a view that's broadly in line with the International Lead and Zinc Study Group's recent projection.

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