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Copper prices force Aristocraft track price increases

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Aristocraft have announced that due to a world shortage of copper and ever increasing prices of the raw material, the future cost of G scale track is to double in price from the 1st July. Copper forms 70% of the raw materials used in brass rails.

Graham Hubbard Managing Director of Bachmann Europe, the distributors of Aristocraft products in Europe said today "Aristocraft have held prices for as long as they could and were confident that the price of copper would reduce. The price has risen from $1 per pound in 2005 to $3.40 today and Aristocraft can no longer hold the price. We and Aristocraft are aware that demand for their track products has escalated in recent months due to the demise of LGB, but the stark reality is that without these price rises, brass track is no longer commercially viable and we are faced with price rises or stopping track production. If the commodity price of copper changes then we will review prices accordingly. Aristocraft have also advised us that the cost of steel is escalating as well, forcing increases that are outside our control".
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A report on the BBC website states that the value of metal in copper coins is now more that the coin is worth and people are melting them down! This leads to shortages of small denomination coins in circulation. It costs the American government 10 cents to produce a nickel worth 5 cents. The value of pre 1992 British 2p coins (97% copper) appears to be significantly more than 2p!

Anybody caught melting down coins faces massive fines and long jail sentences.

http://news.bbc.co.uk/1/hi/programmes/moneybox/7065183.stm

Next time you pay for a train use bags of pre 1992 2p coins and ask for a discount!

Happy modelling
Gary
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