What is meant by Metal quotations?
The term "metal quotations" in the field of construction calculation refers to the current prices for various metals, which serve as a basis for calculating material costs in construction projects. These quotations are particularly important for companies working with metal-containing products such as cables, pipes, or steel structures.
Typical software functions in the area of "metal quotations":
- Automatic updating of metal prices from various sources
- Historical price development and trend analyses
- Price alerts when certain thresholds are exceeded
- Integration into calculation tools for quotes and projects
- Conversion between different currencies and units of measurement
- Forecast models for future price developments
- Reporting and visualization of price data
Examples of "metal quotations":
- Copper: 843.55 € / 100 kg (LAPP Copper Price)
- Aluminum: 307.47 € / 100 kg (LAPP Aluminum Price)
- Tin: 33,550.00 USD / ton (LME quotation)
- Zinc: 3,108.50 USD / ton (LME quotation)
- Brass MS 58: 808.00 € / 100 kg (metal base 1st processing stage)
- Gold: 2,648.85 USD / troy ounce (London Fixing)