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National

China's Commodity Run Raise Prices All Over

By Jim Zarroli
Published April 24, 2004 at 9:00 PM PDT
This story was published more than 21 years ago.

China's booming economic growth has sparked a tremendous need for raw materials like cooper, steel and scrap metal. China must import this material, and prices have shot up. U.S. companies are having financial difficulties competing with China in the scrap-metal market. NPR's Jim Zarroli reports.

Copyright 2004 NPR

National
Jim Zarroli
Jim Zarroli is an NPR correspondent based in New York. He covers economics and business news.
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