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

To: Tim Higginbotham who wrote (6176)	12/16/1998 10:23:00 AM
From: ENOTS	Respond to of 7006

tim: nice site...thanks.... PRICE FIRMNESS MARKED the ferrous scrap sector for December, as several months of sagging values came to an end. Speculation abounded that a turnaround is imminent as shredded scrap prices rose about $7 a ton in one reported mill purchase of 10,000 tons. Tags for other grades were said to be sideways, indicating the depressed market appeared to have found a bottom. Offsetting the cause for cheer, however, was the dismal state of U.S. steelmaking, which is being hammered by imports. Aluminum used beverage cans (UBCs) gained strength, up 2 or 3 cents a pound. Can sheet mills were said to be especially hungry for UBCs after having run down inventories.