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Non-Tech : RECY Looking Good... A -- Ignore unavailable to you. Want to Upgrade?

To: Alice who wrote (5838)9/22/1998 8:24:00 AM
From: Brewmeister  Respond to of 7006
 
Don't forget,
If RECY price to their customers drops, the price from their suppliers drops as well so that margins are somewhat maintained, even if squeezed a bit. So, I 30% price drop on scrap is not as bad in reality. Like wise, expect the converse to be true when prices go up.

I would think that a low scrap price will increase demand from minimills as their costs go down.

Dan



To: Alice who wrote (5838)9/22/1998 10:20:00 PM
From: James Strauss  Read Replies (3) | Respond to of 7006
 
Ferrous Scrap Prices...
~~~~~~~~~~~~~~~~~~~~~~~~
Alice:

Here is a site to keep track of scrap metals prices:

recycle.net

When things get a little better in Asia that should take the oversupply deflationary pressures off the scrap metal prices... You might look for a turnaround in the Asian markets to signal an improvement in scrap prices...

Jim


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