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Posts Tagged ‘ Steel Manufacturing ’

Sulfuric Acid Spot Price Rises on Tight Supply

May 16th, 2008 | By Contrarian Profits | Category: Featured, Financial News

Sulfuric acid (or sulphuric acid, if you’re a Brit) may not be grabbing headlines, but as the spot price of this industrial chemical surges, some interesting investment plays open up.

Sulfuric acid is used in mining to extract copper, nickel and uranium. It is also used in steel manufacturing, fertilizer production and oil refining.

“What’s really kicked off demand for this chemical, however,” according to Chris Mayer in The Daily Reckoning, “is the surge in ethanol production — a double whammy for sulfuric acid.

Tags: Chris Mayer, Daily Reckoning, Ethanol Production, Steel Manufacturing, Sufluric Acid Spot Price, Sulfuric Acid
Posted in Featured, Financial News | Comments2008-05-16+15%3A02%3A37Contrarian+Profits

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