The impact of financial price risk on the U.S. nonferrous metals industry. Mineral Issues: an analytical series.
Washington, DC: U.S. Department of the Interior, Bureau of Mines, 1995 Apr; :1-32
The paper will demonstrate analytically and empirically, the very different financial environment in which metal producers and processors of the 1990's must operate. It begins by summarizing the movements away from -- Producer pricing; Fixed exchange rates; Interest rate ceilings. It goes on to compare fluctuations in metals, prices, exchange rates, and interest rates during the post World War II era until the early 1970's and then from the early 1970's until 1992. Finally, historical data on aluminum, copper, lead, and zinc prices and US$/Yen exchange rates are used to calculate measures of price and exchange rate volatility.
Prices; Lead-metal; Aluminum; Copper; Commodities; Risk; Metal-industry; Nonferrous-castings; Economic-impact
NTIS Accession No.
Washington, DC: U.S. Department of the Interior, Bureau of Mines