To: Brewmeister who wrote (6123 ) 11/24/1998 8:11:00 PM From: Mahatmabenfoo Read Replies (1) | Respond to of 7006
> a sense, is a renewable since trees can be planted grown Paper is less renewable that one might think. The available land for trees is shrinking at an alarming rate. Younger and younger trees are used. > I believe it also got expensive recycling paper, but am no expert. I'm no expert on this subject either, and you may be correct. I don't believe this point matters tho -- once a recycled price is less economical than a raw products price, those who invest in a recycling biz of any type is in trouble. > Nor will the demand for scrap fade. Ah, but it has. Recycling may be a huge business in 2002 or in 2020, but how about now? And what shape will RECY be in after incurring debt to hang on when that magic year comes? > Eventually, they will increase margins and become more > efficient, with or without Asia. Really? I thought the US was mostly a specialty steel producer, having ceded much of the market for basic girders and plates to the Far East years ago. You know, the reason for all that clear air that Pittsburgh is now so proud of... >A turnaround in the developing economies is perhaps 2 to 3 years away and > even then, it will be more moderate. Crystal ball? > These countries won't make the same > mistake twice. Ha! Of course not. They'll make new mistakes -- like the rest of the world. For how many decades has Brazil been touted as "like America in 1890"? Success is hard to predict, too often like a carrot on a stick held eternally in front of a horse. In this analogy, I am of course the horse.... > If Recy can manage through this now, they should be stellar in the future. Amen, brother. I have some stock that hopes you are right. - Charles