Wednesday, January 5, 2011

Future of copper

Hello, there is some grim news. The price of copper hit a record high last year. Sadly, one of the most costly components of an HDR is copper. Well, that is because you need for the electromagnet 200 feet copper magnet wire. That is approx 10 pounds of wire. At $20 a pound that is $200 right there in copper. It causes me to worry. Steven Gibbs may have to raise his price. Future price of copper is up.

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