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China's Commodity Run Raise Prices All Over

By Jim Zarroli

Published April 24, 2004 at 9:00 PM PDT

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.