Posts Tagged ‘scrap market’
Same Old, Same old
As we approach November, any hopes for a big change in market sentiment appears to be out of the question. On the global stage, markets are weak and at home, the continued trade war with China does not appear to have any end in sight. Add a glut of scrap inventory and mill shutdowns, the…
Read MoreScrap Metal Market Continues to Show Weakness
With no real catalyst to drive prices higher, the scrap metal market continues it downward spiral with no clear end in sight. Inventories remain high, uncertainty with regard to the US-China trade war remains and global slowness persists. While there appears to be some movement with regard to trade talks between the US and China,…
Read More