RECY Looking Good... A Message Board

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Non-Tech : RECY Looking Good... A

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To: Brewmeister who wrote (3717)	1/8/1998 10:36:00 AM
From: James Strauss	Read Replies (3) of 7006

Mini Mills... That's Where The Growth Is... >>>Now, do these older and potentially replaced plants use scrap or true raw materials - iron, coke, etc. to make their steel. If all scrap, no net change in scrap demand. If not (or if a mix), then this should be great for the scrap business in creating demand. However, prices may be controlled somewhat by other competing materials such as pig iorn. The end result may be steady to slightly increased prices for scrap, with no let up in demand. Not a bad business enviornment.<<< ****************************************************** Dan: There has been good growth in Mini Mill Steel production... Mini Mills are more efficient than the "Old" Integrated Steel Mills... I believe the word "Integrated" comes from all that "Stuff" they use to make Steel... These "Oldies" are less efficient and more polluting than the Mini's... As such, I believe the "Oldies" will be using more Scrap Metal, and some type of modified Mini Mill process... This should be good for RECY and others that recycle Scrap Metal... Jim

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