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The situation was even more dramatic on the copper side of the business.
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An increase in copper demand places pressure on the supply side, which continues to experience shortfalls in mine output versus forecasts.
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While iron ore, metallurgical coal, copper, and crude oil faced temporary supply side disruptions that boosted prices excessively, the longer-term, commodity super cycle remains intact.
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There are whole bunch supply-side constraints that seem to be hitting the copper industry.
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After getting some quality time with a prototype of the new device, we found the copper-colored buttons and speaker grill running along its right side to form an intriguing design, but the overall fit and finish -- not to mention the lack of a backlight for the screen -- demonstrated that it wasn't quite ready for primetime.
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The indoor Handball Arena, which has been renamed the Copper Box, will be used for recreational sport such as five-a-side football and badminton as well as staging professional sports such as boxing and some indoor concerts.
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The three grammes of copper in the 1 rupee coin (we are talking about the older style, the Jinnah on one side, Badshahi Masjid on the other, a brown colour, not the newer silvery looking coin) therefore has a refined value of 2.64 US cents.
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