About 90 delegates gathered here recently to attend a quarterly meeting of the American Copper Council and take part in, among other activities, a discussion on free trade agreements in North America.
Moderator of the panel discussion, which dealt with the U.S.-Canada Free Trade Agreement and the trilateral trade agreement (still being negotiated) involving the U.S., Canada and Mexico, was Laurence Cardiff of Phillips Cables Ltd.
The three panelists were William Cavitt, director, Office of Canada, U.S. Department of Commerce; Keith Christie, director of policy co-ordination, Office of North American Free Trade Negotiations; and Carlos Enriquez, assistant trade commissioner, Mexican Trade Commission.
Guest luncheon speaker was Hugh Blaber, senior vice-president, Noranda Sales. Blaber spoke on the topic of trade liberalization.
Other presentations included talks on wire and brass mill operations and the growing scrap business.
The New York-based Copper Council, a voice for the copper industry in North America, has 144 corporate members and regularly organizes informational sessions.
During the luncheon it was announced that the copper price on the Commodity Exchange of New York, which has been hovering around the US$1 per lb. mark, rose to US$1.01, which drew a cheer from the delegates.
Concerns have been raised about supply disruptions which analysts say could give the price of copper a boost in the short term.
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