Prices are falling big time
Posted: Fri Jun 29, 2012 1:34 pmSheet iron / steel by me is now at $160.00 a ton, down from $230.00 before Memoral Day 
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Posted: Fri Jun 29, 2012 1:34 pmRe: Prices are falling big time
Posted: Fri Jun 29, 2012 1:59 pmIs that a gross ton (2240lbs)? You think you've got it bad, I've been getting $157.50/gross ton for a while now, and just last week fell to $102/gross ton. Not even worth it for me anymore. I only grab stuff if I happen to come across it.
Re: Prices are falling big time
Posted: Fri Jun 29, 2012 2:26 pmI am offering $300/GROSS TON for Bushling F.O.B los angeles - Banding is @ $275.00/GROSS TON
Re: Prices are falling big time
Posted: Fri Jun 29, 2012 2:57 pmIt is for Net ton (2000 lbs)
Re: Prices are falling big time
Posted: Fri Jun 29, 2012 8:37 pmThe Chinese must be stocked full of American scrap......
Re: Prices are falling big time
Posted: Fri Jun 29, 2012 8:49 pmThis is what happened just before the last Olympics.
My yard said it was temporary and because the Chinese shut down to clear the air for the olympics.
Then after the Bejing games, the economy went bad.
My yard said it was temporary and because the Chinese shut down to clear the air for the olympics.
Then after the Bejing games, the economy went bad.
Re: Prices are falling big time
Posted: Sat Jun 30, 2012 1:33 pmThogey wrote:This is what happened just before the last Olympics.
My yard said it was temporary and because the Chinese shut down to clear the air for the olympics.
Then after the Bejing games, the economy went bad.
I think it is a sign for slower demand and therefore we might be entering ''Recession time''.