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August Price Update

There is not much news to report regarding scrap metal prices for August. We expect steel prices to remain flat for this month, and there will likely be no change in September either. There could be a raise in prices in October as colder weather starts to slow the flow of scrap.

Non Ferrous prices have been much tougher to gauge lately. Markets seem to be moving with no rhyme or reason, and not based on supply and demand. Prices for all Non-Ferrous prices are relatively high right now, so we recommend selling until the markets become more clear.

Date: 08.02.2014