CMC 4th Quarter
2007
1st Quarter 2008
North America
§Low
Inventory Levels and Expected Price Increases
Lead to Increased Orders in the Short
Run
§Nonferrous
Scrap Results Should be Steady; Copper
Bouncing Around - $3 per lb.
§Wolverine
Exiting the U.S. Commodity Copper Tube
Business; After its Inventory Liquidation, Should be Favorable to CMC Howell Metal
§Raw
Material Imports Still Strong
