Copper bid to recoup costs brings warnings

Nov 18, 2005 | 01:05 PM | Sean Barry

Rising energy and freight costs are expected to continue into next year and will impact heavily on copper product manufacturers, trade sources said.

"I don't see any letup as we move into next year. Natural gas bills are set to increase substantially and oil prices are showing no signs of any real downward movement at the moment," a source at one manufacturer said on the sidelines of the American Copper Council's fall meeting in Atlanta. "The wire, tube and rod producers are trying to pass on these costs to customers. But there could come a point where customers refuse to accept further increases."....

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