Zinc values surge to $1.53 per lb. in latest auction of military scrap

Dec 26, 2006 | 03:10 PM | Paul Schaffer

A recent auction of U.S. Defense Department material priced zinc scrap from Maine at $1.53 a pound, roughly triple the 49 cents secured in a mid-October auction of the same material at the same location.

Though the earlier result could have been the result of a high percentage of contamination, it more likely was a one-time bargain traceable to lack of attention by potential competitors.....

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