24.09.2014 - Great American Group Analysts See Prices Rise for Many Base Metals
Analysts with GA Advisory and Valuation Services, LLC, a division of Great American Group, Inc. report that pricing has increased for a number of non-ferrous metals in recent months amid tight physical supplies, despite lackluster demand in certain segments. In particular, pricing for aluminum, zinc, and lead climbed higher than expected. "Stockpiles are dwindling and supply deficits are expected for these metals," noted Michael Petruski, Executive Vice President of Great American Group's Advisory and Valuation Services division. "Zinc prices have jumped nearly 25% over the year, as zinc production is slated to fall short of demand for the first time in seven years." (Press Release)
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