Friday, February 23rd 2018

Non Ferrous Metals


Non Ferrous Metals Meaning:
In commodity market terminology, Non-Ferrous Metals refers to non-magnetic metallic substances that do not contain iron. Such metals are used in manufacturing appliances, furniture, electronic equipment, packaging and aluminum foil.

Non Ferrous Metals Example:
Futures on Non-Ferrous Metals trade on a number of Exchanges, with the London Metals Exchange LME being the principle market. The LME currently trades contracts on non-ferrous metals such as: Aluminum, Aluminum Alloy, Copper, Lead, Tin, Nickel and Zinc.
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